A company desires to sell a sufficient quantity of products to earn a profit of OMR 400,000. If the unit sales price is OMR 20, unit variable cost is OMR 12, and total fixed costs are OMR 800,000, how many units must be sold to earn net income of OMR 400,000? Select one: O a. 120,000 units O b. None of the answers are correct O c. 225,000 units O d. 90,000 units e. 150,000 units

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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A company desires to sell a sufficient quantity of products to earn a profit of OMR 400,000. If the unit sales price is
OMR 20, unit variable cost is OMR 12, and total fixed costs are OMR 800,000, how many units must be sold to earn net
income of OMR 400,000?
Select one:
Oa. 120,000 units
O b. None of the answers are correct
O c. 225,000 units
O d. 90,000 units
O e. 150,000 units
ENG
07:27
INTL 25/05/2021
Transcribed Image Text:A company desires to sell a sufficient quantity of products to earn a profit of OMR 400,000. If the unit sales price is OMR 20, unit variable cost is OMR 12, and total fixed costs are OMR 800,000, how many units must be sold to earn net income of OMR 400,000? Select one: Oa. 120,000 units O b. None of the answers are correct O c. 225,000 units O d. 90,000 units O e. 150,000 units ENG 07:27 INTL 25/05/2021
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