Solved

Lamar Has the Following Data How Many Units Must Lamar Produce and Sell in Order

Question 30

Multiple Choice

Lamar has the following data:
Selling PriceVariable manufacturing costFixed manutacturing cost.Variable selling & administrativecostsFixed selling & administrative costs$40$22$150,000$6$120,000permonthpermonth\begin{array}{c}\begin{array}{|l|}\hline \text {Selling Price}\\\text {Variable manufacturing cost}\\\hline\\ \text {Fixed manutacturing cost.}\\\hline \text {Variable selling \& administrative}\\\text {costs}\\\hline \\\text {Fixed selling \& administrative costs}\\\hline\end{array}\begin{array}{l|}\hline\$ 40 \\\$ 22 \\\hline \\\$ 150,000 \\\hline\\ \$ 6 \\\hline\\ \$ 120,000 \\\hline\end{array}\begin{array}{l|}\hline\\\\\hline \text {per}\\\text {month}\\\hline\\\\\hline \text {per}\\\text {month}\\\hline \end{array}\end{array}
How many units must Lamar produce and sell in order to achieve a profit of $30,000 per month?


A) 10,000 units.
B) 8,824 units.
C) 25,000 units.
D) 15,000 units.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions