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The selling price per unit is $20, the variable cost per unit is $12, and fixed costs are $160,000 per period. What sales volume in units is needed to achieve a profit of $80,000? a. 24,000 b. 32,000 c. 30,000 d. 20,000

The selling price per unit is $20, the variable cost per unit is $12, and fixed costs are $160,000 per period. What sales volume in units is needed to achieve a profit of $80,000? a. 24,000 b. 32,000 c. 30,000 d. 20,000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The selling price per unit is $20, the variable cost per unit is $12, and fixed costs are $160,000 per period. What sales volume in units is needed to achieve a profit of $80,000? a. 24,000 b. 32,000 c. 30,000 d. 20,000
Transcribed Image Text:The selling price per unit is $20, the variable cost per unit is $12, and fixed costs are $160,000 per period. What sales volume in units is needed to achieve a profit of $80,000? a. 24,000 b. 32,000 c. 30,000 d. 20,000
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