Find the number of units a firm needs to sell to make a profit of $1000...
Find the number of units a firm needs to sell to make a profit of $1000 using the information below.
Fixed Cost=$5000
Variable Cost= $ 2/unit
Price of product=$12
Homework Answers
Ans 600 units
Break Even for desired profit = (Fixed cost + Desired Profit) / Contribution per unit
= (Fixed cost + Desired Profit) / (Sales price - Variable cost)
= (5000 + 1000) / ( 12 - 2)
= 600 units
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Find the number of units a firm needs to sell to make a profit
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