Answer:
600 units
Explanation:
The computation of the units sales is shown below:
= (Fixed expenses + target profit) ÷ (Contribution margin per unit)
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $134 per unit - $67 per unit
= $67 per unit
And, the other items values would remain the same
Now placing these values to the above formula
So, the value would equal to
= ($32,300 + $7,900 ) ÷ ($67)
= ($40,200) ÷ ($67)
= 600 units
Answer:
B
C
A
Explanation:
Answers:
1.B
2.C
3.A
.....
2) $844.64
3) $406.25
4) $234.25
Answer:
4) $234.25
Explanation:
First, we have to find out the monthly interest payment which is shown below:
= (Starting balance of January month × interest rate) ÷ total number of years in a year
= ($150,000 × 3.25%) ÷ 12 months
= $406.25
The total monthly payments is $640.50
So, the first payment would be
= Total monthly payments - monthly interest payment
= $640.50 - $406.25
= $234.25