A Company Desires to Sell a Sufficient Quantity of Products

question 59

Multiple Choice

A company desires to sell a sufficient quantity of products to earn a profit of $180,000. If the unit sales price is $20, unit variable cost is $12, and total fixed costs are $360,000, how many units must be sold to earn net income of $180,000?

• A) 101,250 units
• B) 67,500 units
• C) 54,000 units
• D) 40,500 units

Recognize the requirements and schedules for federal employment tax deposits.

Identify and describe key management tools in a medical office, such as policies and procedures manual.

Understand the purpose and application of specific forms related to employee income and tax documentation.

Exhibit knowledge of legal protections and responsibilities concerning employment, including workers' compensation and family medical leave.

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Definitions:

Reversibility

The property of a process or action to be reversed, returning to its original state or condition without significant changes or consequences.

Ethical Screen

A set of criteria or principles used to make decisions that align with one's ethical or moral standards.

Social Responsibility

The obligation of individuals, groups, and organizations to act in a way that benefits society at large, including ethical practices, sustainability efforts, and community engagement.

Working Conditions

Refers to the environment and terms under which work is performed, including hours, physical aspects, legal rights, and responsibilities.