Diamonds in the Ruff Sells Only One Product at a Regular

Multiple Choice

Diamonds in the Ruff sells only one product at a regular price of $7.50 per unit.Variable expenses are 60% of sales,and fixed expenses are $30,000.Management has decided to decrease the selling price to $6.00 in hopes of increasing its volume of sales.How many sales (in dollars) were required to break even at the old price of $7.50 per unit?

A) $12,000
B) $18,000
C) $50,000
D) $75,000