Break-Even and Target Profits

question 103

Essay

Break-even and target profits.Analysis of the operations of Reyes Company shows the
fixed costs to be $140,000 and the variable costs to be $7 per unit.Selling price is $14
per unit.
Required:
a.Derive the break-even point expressed in units.
b.How many units must the firm sell to earn a profit of $168,000?
c.What would profits be if revenue from sales were $2,100,000?
(Reyes Company;break-even and target profits. )

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Definitions:

Records Group

A set of records categorized or grouped together based on specific criteria within a database management system.

Table Datasheet View

A data presentation style in database software that arranges information in a grid of rows and columns, akin to a spreadsheet layout.

Currency Field

A specialized field in databases or spreadsheets formatted to display and calculate financial data in the currency format.

Total Row

A row in a spreadsheet or database table that automatically calculates and displays the sum or another statistical measure of data in columns.