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  3. a business unit sells a product for $5000, and the

A business unit sells a product for $5000, and their CEO wants them to earn...

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Accounting

A business unit sells a product for $5000, and their CEO wants them to earn a profit of 16% of the fixed costs of the product.

Fixed costs are $1250000, and the product variable costs per unit are $2496.

How many units do they need to sell to break-even and earn the desired profit of 16%?

(Round to nearest whole number; no decimal places needed.)

plese solve with the formulas and explain it.

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