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fast please thank you XYZ Company's single product has a selling price of...

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Accounting

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fast please thank you

XYZ Company's single product has a selling price of $25 per unit. Last year the company reported profit of $125,000 and variable expenses totaling $600,000. The product has a 40% contribution margin ratio. Because of competition, XYZ Company will be forced in the current year to reduce its selling price by $2 per unit. How many units must be sold in the current year to earn the same profit as was earned last year? Select one a 40,000 b. 72,500 O c. 50,000 d. 27.500 @ . 50,000 At the breakeven point Select one: a. Sales will be equal to variable costs minus fixed costs b. Sales will be equal to fixed costs plus zero target profit plus variable costs O c. Fixed costs will be equal contribution margin minus variable costs d. Fixed costs will be equal to variable costs O e Sales will be equal to variable costs plus target profit XYZ Company's product has a contribution margin per unit of $11.25 and a variable cost ratio of 77.5%. What is the selling price of the product? Select one a 5375 O b. $40 O $50 d. $24 e $30

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