A Venture Capital Investment Group Received a Proposal from Wireless

Multiple Choice

A venture capital investment group received a proposal from Wireless Solutions to produce a new smart phone.The variable cost per unit is estimated at $250, the sales price would be set at twice the VC/unit, fixed costs are estimated at $750,000, and the investors will put up the funds if the project is likely to have an operating income of $500,000 or more.What sales volume would be required in order to meet this profit goal?

A) 4,513
B) 4,750
C) 5,000
D) 5,250
E) 5,513