Simple Accounting - CPV. The unit price for towel is $18.59 and the variable cost is $7.11. If the fixed cost for the retailer is $22,853.71 and the targeted operating income is $40,500.00, how many units should be sold (round to the nearest unit)?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Simple Accounting - CPV. The unit price for
towel is $18.59 and the variable cost is $7.11. If
the fixed cost for the retailer is $22,853.71 and
the targeted operating income is $40,500.00,
how many units should be sold (round to the
nearest unit)?
O a. 5,519
O b.
8,911
O c.
3,408
O d.
2,465
Transcribed Image Text:Simple Accounting - CPV. The unit price for towel is $18.59 and the variable cost is $7.11. If the fixed cost for the retailer is $22,853.71 and the targeted operating income is $40,500.00, how many units should be sold (round to the nearest unit)? O a. 5,519 O b. 8,911 O c. 3,408 O d. 2,465
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