Co A produced and sold 80,000 units during January. It incurred the following costs.
Variable cost per unit = $120.00
Total fixed cost = $360,000
Each unit was sold at a price of $180
HOW MANY UNITS SHOULD BE PRODUCED AND SOLD TO EARN A PROFIT OF $1.2MILLION?
1. 26,000
2. 60,000
3. 6,000
4. 80,000