Sales Price per unit ($1600230 / 6150 units) | = | $ 260.20 | |||
Less: | Variable cost per unit [($688185 / 6150 units) + $3.70] | = | $ 115.60 | ||
Contribution per unit | = | $ 144.60 | |||
Fixed cost ($748000 - $50000) | = | $ 6,98,000 | |||
Target Profit | = | $ 31,000 | |||
Unit sales needed to attain target profit | = | (Fixed cost + Target profit) / Contribution per unit | |||
= | ($698000 + $31000) / $144.60 | ||||
= | 5,041.49 | ||||
or | = | 5,041 | units (rounded off) | ||
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