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:

Federal Budget Deficit

The financial situation where the federal government's expenditures exceed its revenues in a given fiscal year.

National Debt

The total amount of money that a country's government has borrowed by various means.

Fiscal Policy

Government policies concerning taxation and spending that are aimed at influencing economic conditions, including promoting economic growth, controlling inflation, and reducing unemployment.

Government Deficit

Occurs when a government's expenditures exceed its revenues during a specific period, leading to borrowing or drawing from reserves.