If Targeted Sales Are 12,000 Units, the Sales Price Per

question 45

True/False

If targeted sales are 12,000 units, the sales price per unit is $70, fixed costs are $130,000, and variable costs are $40 per unit, then planned profit must be $230,000.

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Definitions:

Naïve Forecast

A forecasting method that assumes future values will be the same as the most recent actual value observed.

September Sales

The volume of goods or services sold by a business during the month of September.

Seasonal Indices

numerical values used to adjust data for seasonal effects, enabling comparison across different time periods by accounting for regular patterns of change.

Raw Data

Unprocessed and unanalyzed data collected directly from a source, without any manipulation or treatment.