MetalCraft Produces Three Inexpensive Socket Wrench Sets That Are Popular

Multiple Choice

MetalCraft produces three inexpensive socket wrench sets that are popular with do-it-yourselfers. Budgeted information for the upcoming year is as follows.
Total fixed costs for the socket wrench product line is $961,000. If the company's actual experience remains consistent with the estimated sales volume percentage distribution, and the firm desires to generate total operating income of $161,200, how many Model No. 153 socket sets will MetalCraft have to sell?

A) 26,000
B) 54,300
C) 155,000
D) 181,000