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expeople1 [14]
3 years ago
14

JVL Enterprises has set a target profit of $126,000. The company sells a single product for $50 per unit. Variable costs are $15

per unit and fixed costs total $98,000. How many units does JVL have to sell to BREAK-EVEN?
Business
1 answer:
kirza4 [7]3 years ago
6 0

Answer:

The break even unit is 2800 units.

Explanation:

The target profit of JVL Enterprises = $126000

The selling price of a single unit (SP) = $50 per unit.

Variable cost (VC) = $15

Fixed cost of the production (FC) = $98000

Now find the break-even unit by dividing the fixed cost with the difference of selling price and variable cost.

The break even unit = FC / (SP-VC)

= 98000 / (50 – 15)

= 2800 units

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4 0
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T/F: The theory of purchasing-power parity states that a unit of a country's currency should be able to buy the same quantity of
balandron [24]

Answer: The statement is  <u>TRUE.</u>

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3 years ago
A firm has earnings before interest and taxes of $27,130, net income of $16,220, and taxes of $5,450 for the year. While the fir
Shtirlitz [24]

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7 0
3 years ago
Read 2 more answers
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