The Marietta Company Has Fixed Costs of $60,000 and Variable

Multiple Choice

The Marietta Company has fixed costs of $60,000 and variable costs are 75% of the selling price.To realize profits of $10,000 from sales of 50,000 units,the selling price per unit ________.

A) must be $1.20
B) must be $6.00
C) must be $5.60
D) must be $4.23