Amount of Sales Needed Assignment
February 25th, 2020
Yoda and his Jedi Knights, have just received a project to produce a new Pink Lightsaber. The variable cost per unit is at $750, the sales price would be set at twice the VC/unit, and the fixed costs are $1,000,000. The Storm Troopers have agreed that they will put up the funds if the project is likely to have an operating income of $500,000 or more. What amount of sales would be needed in order to meet this profit goal? Get Finance homework help today