ACC 561 Week 5 Wiley Plus Assignment - UOP Work - 75400

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ACC 561 Wiley Plus Week 5

SOLUTION GUIDE -  CHANGE NUMBERS AND GET ANSWERS

Exercise  18-8

Meriden Company has a unit selling price of $700, variable costs per unit of $350, and fixed costs of $302,750.

Compute the break-even point in units using the mathematical equation.

 

Exercise  18-10

For Turgo Company, variable costs are 63% of sales, and fixed costs are $182,600. Management’s net income goal is $72,589.

Compute the required sales in dollars needed to achieve management’s tar