Multiple Choice
Wilton Co. reported the following results from the sale of 5000 hammers in May: sales $200000 variable costs $120000 fixed costs $60000 and net income $20000. Assume that Wilton increases the selling price of hammers by 10% on June 1. How many hammers will have to be sold in June to maintain the same level of net income?
A) 4000
B) 4300
C) 4500
D) 5000
Correct Answer:
Verified
Correct Answer:
Verified
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