Multiple Choice
Gail Co sells a single product for $40 per unit. Fixed costs are $195 000 and variable costs equal 75% of sales. If fixed costs increase by $15 000, Gail will have to increase sales by how much just to earn profits equal to those earned before costs increased?
A) $20 000
B) $15 000
C) $80 000
D) $60 000
Correct Answer:
Verified
Correct Answer:
Verified
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