Answer:
330 units
Explanation:
Particulars Units
Opening 270 Units
Add: Purchases 140 Units
Add :Purchases <u>140 Units</u>
Total 550 Units
Less: Closing <u>220 Units</u>
Sales <u>330 Units</u>
So, the total units the company sold during January 2017 is 330 units.
Answer:
$490,000.
Explanation:
To find out sales of Opal Company we will use below equation,
Sales = Variable cost + Fixed cost + Target profit
variable cost margin will be (1 - contribution margin)
= 0.7 (1 - 0.3)
we will consider sales as x,
x = 0.70x + $49,000 + 0.20x
x = 0.90x + $49,000
x - 0.90x = $49,000
x = $49,000 / 0.10
x = $490,000.
Sales = $490,000.