Bingo Inc Sells a Single Product for $20

Multiple Choice

Bingo Inc. sells a single product for $20. Variable costs are $14 per unit and fixed costs total $220,000 at a volume level of 10,000 units. What dollar sales level would Bingo Inc. have to achieve to earn a target net profit of $340,000?

A) $314,286.
B) $485,714.
C) $566,667.
D) $1,866,667.
E) $733,333.