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dezoksy [38]
3 years ago
9

Chelsea Company has sales of $400,000, variable costs of $10 per unit, fixed costs of $100,000, and a target profit of $60,000.

How many units were sold?
a. 12,000
b. 18,000
c. 24,000
Business
1 answer:
cricket20 [7]3 years ago
5 0

Answer:

24,000

Explanation:

Chelsea company had sales of $400,000

Variable cost is $10 per unit

Fixed costs is $100,000

Tarhet profit is $60,000

Thetefore The units sold can be calculated as follows

400,000-10Q-$100,000= $60,000

$400,000-$100,000-10Q= $60,000

$300,000-Q= $60,000

$300,000-$60,000= 10Q

$240,000= 10Q

Q= 240,000/10

Q= 24,000

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