Multiple Choice
Biscuit Company sells its product for $50. In addition, it has a variable cost ratio of 55 percent and total fixed costs of $6,875. How many units must be sold in order to obtain a before-tax profit of $12,000?
A) 480 units
B) 240 units
C) 600 units
D) 839 units
Correct Answer:
Verified
Correct Answer:
Verified
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