SILVERQUICK SELLS A SINGLE PRODUCT. HOW MANY UNITS OF THE PRODUCt DO THEY HAVE TO...

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Accounting

SILVERQUICK SELLS A SINGLE PRODUCT. HOW MANY UNITS OF THE PRODUCt DO THEY HAVE TO SELL TO ACHIEVE THE TARGET PROFIT?

Target profit...............25% of sales revenue

price........................$20

variable expense ratio............55%

anual fixed expenses ...............$240000

A. 20000 UNITS

B. 26667 UNITS

C. 60000 INITS

D. 21818 UNITS

E. NONE OF THE ABOVE

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