Multiple Choice
Norman Company sells MP3 players for $60 each. Variable costs are $40 per unit, and fixed costs total $60,000. How many MP3 players must Norman sell to earn net income of $140,000?
A) 10,000.
B) 3,500.
C) 2,500.
D) 3,000.
Correct Answer:
Verified
Correct Answer:
Verified
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