How many units need to be sold to achieve a profit

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Reference no: EM132516481

Trendy Company manufacturers and markets one product with the following related information:

  1. Sales price is $30 per unit.
  2. Variable cost is $21 per unit.
  3. Fixed cost is $90,000 per month.
  4. Sales volume for June is 12,000 units.

Question 1: How many units need to be sold to achieve a profit of $72,000?

Group of answer choices

Option 1: 24,000

Option 2: 16,000

Option 3: 18,000

Option 4: 20,000

Reference no: EM132516481

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