Tropp Corporation Sells a Product for $10 Per Unit

question 269

Multiple Choice

Tropp Corporation sells a product for $10 per unit. The fixed expenses are $420,000 per month and the unit variable expenses are 60% of the selling price. What sales would be necessary in order for Tropp to realize a profit of 10% of sales? (Round your intermediate calculations to 2 decimal places.)

• A) $1,050,000
• B) $945,000
• C) $1,400,000
• D) $840,000

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