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How do we know how many football boots we need to reach our profit benchmark?

We were presented with the following example- Profit Benchmark = $200,000; Annual Overheads = $175,000; Sales Price per Football Boot = $149; Cost Price per Football Boot = $45

Asked by Kerikeri, Last updated: Mar 24, 2024

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kerikeri

kerikeri

kerikeri
Kerikeri

Answered Nov 26, 2018

3606

Gross Annual Margin = $200,000 + $175,000 = $375,00 Gross Margin per Unit = $149 - $45 = $104 Football boots we have to produce = $375,000 / $104 = 3605.7692307692307692307692307692 = 3606 [we cannot produce .769 of a football boot].
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