Multiple Choice
A product is priced to sell for $12 with average variable costs of $8. The company expects to earn a profit of $400,000 with its total fixed costs of $120,000. What is the minimum number of units that must be sold in order to reach this target return?
A) 80,000
B) 120,000
C) 130,000
D) 400,000
Correct Answer:
Verified
Correct Answer:
Verified
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