Answer the Following Questions Using the Information Below:
the Following

question 205

Multiple Choice

Answer the following questions using the information below:
The following information is for High Corp:
$\begin{array}{lr}\text { Selling price } & \$ 60 \text { per unit } \\\text { Variable costs } & \$ 40 \text { per unit } \\\text { Total fixed costs } & \$ 125,000\end{array}$
-The number of units that High Corp must sell to reach targeted operating income of $25,000 is ________.

• A) 6,000 units
• B) 7,500 units
• C) 3,334 units
• D) 4,334 units

---

Definitions:

Progressive Taxation

The tax as a percentage of income increases as income increases.

Proportional Taxation

The tax as a percentage of income remains constant as income increases; also called a flat tax.

Regressive Taxation

The tax as a percentage of income decreases as income increases.

Progressive Taxation

Progressive taxation is a tax system where the tax rate increases as the taxable amount or income of the taxpayer increases, making it proportionally more significant for higher-income earners.