Multiple Choice
Use the following information to answer the following Questions
Narchie sells a single product for $50. Variable costs are 60% of the selling price, and the company has fixed costs that amount to $400,000. Current sales total 16,000 units.
-In order to produce a target profit of $22,000, Narchie's dollar sales must total:
A) $8,440.
B) $21,100.
C) $1,000,000.
D) $1,055,000.
E) None of the answers is correct.
Correct Answer:

Verified
Correct Answer:
Verified
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