Zeus,IncProduces a Product That Has a Variable Cost of $9

question 64

Multiple Choice

Zeus,Inc.produces a product that has a variable cost of $9.50 per unit.The company's fixed costs are $40,000.The product sells for $12.00 a unit and the company desires to earn a $20,000 profit.What is the volume of sales in units required to achieve the target profit? (Do not round intermediate calculations.)

• A) 24,000 units
• B) 16,000 units
• C) 17,000 units
• D) 4,000 units

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Definitions:

Discrete Exchange

A transaction between two parties that is singular, clearly defined, and often involves a one-time exchange of goods or services.

New Career Paradigm

A contemporary model of careers characterized by flexibility, self-direction, and the continuous acquisition of skills and experiences across various fields and disciplines.

Work Experience

Practical exposure to and involvement in a specific job or industry, which helps build skills and expertise.

Productivity

the efficiency of production of goods or services, often measured by the output per unit of input.