Accounting · Budgeted Profit Calculation
If Gemma Co. has a selling price of $5 per unit, a variable cost of $3 per unit, and total fixed costs of $15,000, what is the budgeted profit for the production and sales of 9,000 units?
- 1$1,000
- 2$600
- 3$3,000✓
- 4$4,224
Correct answer
$3,000
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