Current Attempt in Progress Sheffield Corp. sells MP3 players for $60 each. Variable costs are $50 per unit, and fixed costs total $120000. How many MP3 players must Sheffield sell to earn net income of $2800002 O 5600. 12000 Ⓒ4000 Ⓒ40000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Current Attempt in Progress
Sheffield Corp.sells MP3 players for $60 each. Variable costs are $50 per unit, and fixed costs total $120000. How many MP3 players
must Sheffield sell to earn net income of $280000?
5600.
12000
Ⓒ4000.
40000.
Transcribed Image Text:Current Attempt in Progress Sheffield Corp.sells MP3 players for $60 each. Variable costs are $50 per unit, and fixed costs total $120000. How many MP3 players must Sheffield sell to earn net income of $280000? 5600. 12000 Ⓒ4000. 40000.
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