Acme Company Provided the Following Data -Refer to the Figure

question 3

Multiple Choice

Acme Company provided the following data:
$\begin{array}{lr}\text { Selling price per unit } & \$ 80 \\\text { Variable cost per unit } & \$ 60 \\\text { Total fixed costs } & \$ 400,000\end{array}$
-Refer to the Figure.How many units must Acme sell to earn a profit of $40,000?

• A)2,000
• B)8,500
• C)20,000
• D)22,000

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Definitions:

Waterfall

A model or process that visually represents the sequential and cumulative effect of a series of transactions or events, often used in project management and finance.

Rest

The remaining part of something, often used when dividing or after subtracting a portion.

Ounces

A unit of weight used primarily in the United States, part of the imperial and US customary systems, equivalent to 28.35 grams.

Gold

a dense, malleable, yellow precious metal that is often used in jewelry, currency, and as an investment.