Assume the Following Facts About a Single Product Firm What Is the Firm's Annual Breakeven Volume in Sales Revenues

Multiple Choice

Assume the following facts about a single product firm: $\begin{array}{l}\text {Selling price per unit }&=\$ 25.00 \\\text { Variable costs per unit}&=\$ 21.25 \\\text {Total annual fixed costs }&=\$ 3,000\end{array}$ What is the firm's annual breakeven volume in sales revenues?

A) $540,000
B) $240,000
C) $20,000
D) $9,600