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For the Current Year Ending April 30,Philip Company Expects Fixed

Question 59

Essay

For the current year ending April 30,Philip Company expects fixed costs of $70,000,a unit variable cost of $45,and a unit selling price of $95.
(a) Compute the anticipated break-even sales (in units).
(b) Compute the sales (in units) required to realize an operating profit of $8,000

Correct Answer:

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a)Break­even sales (units)= $7...

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