In 2019, X Company sold 5,950 units of its only product. Total revenue was $1,519,035, total variable costs were $611,065, and total fixed costs were $615,000. In 2020, there are only two expected changes: variable costs will decrease by $5.00 per unit, and fixed costs will decrease by $21,100. How many units must X Company sell in 2020 in order to earn $30,000?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “In 2019, X Company sold 5,950 units of its only product. Total revenue was $1,519,035, total variable costs were $611,065, and total fixed ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
In the late 1990s, car leasing was very popular in the United States. A customer would lease a car from the manufacturer for a set term, usually two years, and then have the option of keeping the car.
Answers (1)
What is a commodity? A. Something that producers are unable to sell to consumers B. A resource that is available in unlimited quantities C. An exchange between a producer and a consumer D. Something of value that can be bought, sold, or traded
Answers (1)
Mama's Pizza Shoppe borrowed $6,000 at 9% interest on May 1, 2021, with principal and interest due on October 31, 2022. The company's fiscal year ends June 30, 2021. What adjusting entry is necessary on June 30, 2021? Multiple Choice: A.
Answers (1)
Jarrett Baker is the founder of an enterprise software company. By looking at his income statements over the past three years, you see that its working capital has declined from $42,400 in 2015 to $17,900 in 2016 to $3,100 in 2017.
Answers (1)
Which of the following is a characteristic of principal-agent conflicts that often exist in a firm? Managers do not always operate in the best interest of owners because owners are generally more risk averse than managers.
Answers (1)
New Questions in Business
Bob and Carol file their tax returns using the married filing jointly status. Their AGI is $132,500. They have two children, ages 11 and 7. How much child tax credit can Bob and Carol claim for their two children? a. $0b. $850c. $875d. $1,150e.
Answers (2)
The additional benefit of producing one more roast beef sandwich at a local deli is $2. The additional cost of producing one more roast beef sandwich is $3. To improve allocative efficiency: A.
Answers (1)
In 2019, X Company sold 5,950 units of its only product. Total revenue was $1,519,035, total variable costs were $611,065, and total fixed costs were $615,000. In 2020, there are only two expected changes: variable costs will decrease by $5.
Answers (1)
Find the monthly house payment necessary to amortize the following loan. In order to purchase a home, a family borrows $70,000 at 12% compunded monthly for 15 years. What is the monthly payment?
Answers (1)
The following data have been recorded for recently completed Job 323 on its job cost sheet. Direct materials cost was $2,057. A total of 37 direct labor-hours and 194 machine-hours were worked on the job.
Answers (1)