A Company Desires to Sell a Sufficient Quantity of Products

question 69

Multiple Choice

A company desires to sell a sufficient quantity of products to earn a profit of $300,000.If the unit sales price is $20, unit variable cost is $12, and total fixed costs are $600,000, how many units must be sold to earn net income of $300,000?

• A)168,750 units
• B)112,500 units
• C)90,000 units
• D)67,500 units

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Definitions:

Gastric Disorders

A range of conditions affecting the stomach, including gastritis, gastric ulcers, and gastric cancer, often leading to pain and digestion issues.

Regressive Tax

A tax imposed in such a manner that the tax rate decreases as the amount subject to taxation increases, disproportionally affecting those with lower incomes.

Represent

To stand in for or symbolize something; in data and models, to depict or embody a concept, group, or physical entity.

Diagram

A visual representation of data or concepts, often used to simplify complex information through charts, graphs, or maps.