A company’s total fixed costs are $400000. It produces and sells one product at $25 per unit, and its contribution to sales ratio is 80%. How many units must it produce and sell in order to earn a profit of $200000?
- A10000
- B20000
- C24000
- D30000
Accounting 9706 · AS & A Level · Costs and cost behaviour
A company’s total fixed costs are $400000. It produces and sells one product at $25 per unit, and its contribution to sales ratio is 80%. How many units must it produce and sell in order to earn a profit of $200000?