Tropp Corporation Sells a Product for $10 Per Unit

Multiple Choice

Tropp Corporation sells a product for $10 per unit. The fixed expenses are $420,000 per month and the unit variable expenses are 60% of the selling price. What sales would be necessary in order for Tropp to realize a profit of 10% of sales? (Round your intermediate calculations to 2 decimal places.)

A) $1,050,000
B) $945,000
C) $1,400,000
D) $840,000