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Elis [28]
3 years ago
6

The CEO of RV USA is trying to estimate sales based on a budgeted target profit before taxes of $150,000. If unit contribution m

argin is $5,000, total sales in June are estimated at $900,000 and fixed costs are $500,000, how many RVs must be sold to attain the target profit before taxes?
Business
1 answer:
vampirchik [111]3 years ago
8 0

Answer:

The number of RVs must be sold to attain the target profit before taxes: 130 units

Explanation:

The number of units must be sold to meet the target profit figure are calculated by using following formula:

The number of units must be sold = (Total fixed cost + Targeted profit) / Contribution margin per unit.

RV USA estimates target profit before taxes of $150,000. Unit contribution margin is $5,000 and fixed costs are $500,000.

The number of units must be sold = ($500,000 + $150,000)/$5,000 = 130 units

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This question puts together two different perspectives based on different goals and metrics: economics and ethics. In economics, self interest is the driving force and productivity is one of the metrics used by managers and shareholders in measuring their profit making. In ethics, doing good for people and creating social value is the goal. The results cannot be measured anymore in units of productivity.

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