In: Accounting
A furniture manufacturer specializes in wood tables. The tables sell for $ 140 per unit and incur $ 49 per unit in variable costs. The company has $ 14,560 in fixed costs per month. The company desires to earn an operating profit of $ 8,190 per month. (Abbreviation used; CM = contribution margin.)
10. |
Calculate the required sales in units to earn the target profit using the equation method. |
11. |
Calculate the required sales in units to earn the target profit using the contribution margin method. |
12. |
Calculate the required sales in dollars to earn the target profit using the contribution margin ratio method. |
13. |
Calculate the required sales in units to break even using the contribution margin method. |