If the Sales Price Per Unit Is $180, Variable Cost

question 174

Multiple Choice

If the sales price per unit is $180, variable cost per unit is $96, targeted net income is $52,800, and total fixed costs are $39,600, the number of units that must be sold is:

• A) 963
• B) 513
• C) 1,100
• D) 629

Grasp the concept of problem statements and their formulation in business reports.

Acknowledge the importance of maintaining a judicial attitude and avoiding biases during the interpretation of findings in business reports.

Comprehend the distinctions and applications of descriptive and inferential statistics in the analysis and generalization of data for business reports.

Understand the structure and components of an effective business report.

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Definitions:

Late Payment

A charge imposed for failing to pay a bill, invoice, or another financial obligation on time.

Rate of Return

The profit or deficit experienced on an investment within a specific duration, shown as a percentage of the investment's initial value.

Successive Years

Consecutive years; years following one after another in a sequential order.

Annual Rate of Return

The percentage of profit or loss on an investment over the period of a year.