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Sanchez & Ryan, Inc, Sells a Single Product

Question 101

Multiple Choice

Sanchez & Ryan, Inc, sells a single product. This year, 20,000 units were sold resulting in $130,000 of sales revenue, $60,000 of variable costs, and $17,500 of fixed costs.
-The number of units that must be sold annually to achieve $52,500 of profits is:


A) 20,000 units.
B) 15,000 units.
C) 10,000 units.
D) 5,000 units.

Correct Answer:

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