Multiple Choice
Assume that you can sell a new product at $5.00 per unit. Your variable costs are $3.00 per unit and you fixed costs are $20,000. What will be your profit before taxes if you sell 12,000 units next year?
A) $0
B) $1,000
C) $2,000
D) $4,000
E) $8,000
Correct Answer:
Verified
Correct Answer:
Verified
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