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. )

---

Definitions:

Charles T. Schenck

Known for the 1919 Supreme Court case Schenck v. United States which concerned enforcement of the Espionage Act during World War I and established limits on free speech under the First Amendment.

Political Feminism

A movement that focuses on advocating for women's rights and equality in the political sphere.

Consumer Marketplace

The environment or system where consumers buy goods and services from sellers, influenced by trends, competition, and marketing.

Foreign Policy

A government's strategy in dealing with other nations, concerning diplomacy, trade, and national security.