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Exercise 11-16 Desired profit Garcia Company incurs annual fixed costs of $60,000. Variable costs…

Exercise 11-16    Desired profit

Garcia Company incurs annual fixed costs of  $60,000. Variable costs for Garcia’s product    are

$22.75 per unit, and the sales price is $35.00 per unit. Garcia desires to earn an annual profit of

$45,000.

Required

Determine the sales volume in dollars and units required to earn the desired  profit.

 

Nov 10 2015 06:26 AM

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