Multiple Choice
Anderson Corporation sells picture calendars for $10 each. The fixed costs of production are $300,000, and the variable costs are 60% of the selling price. The company desires to make a profit of $120,000. How many calendars must it sell?
A) 105,000
B) 70,000
C) 30,000
D) 75,000
Correct Answer:
Verified
Correct Answer:
Verified
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