Zeus, Inc Produces a Product That Has a Variable Cost of of $9.50

question 2

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
• B) 16,000
• C) 17,000
• D) 4,000

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Definitions:

Ex-Confederate States

The states that seceded from the Union and formed the Confederacy during the American Civil War, working to reintegrate into the United States post-war.

Fourteenth Amendment

An amendment to the United States Constitution granting citizenship to all persons born or naturalized in the U.S. and protecting civil liberties.

Confederate States

Constitutes the group of southern states that seceded from the United States from 1860-1861, leading to the American Civil War.