A product sells for $20 per unit and has a contribution margin ratio of 40%. Fixed expenses total $240,000 annually. How many units of the product must be sold to yield a profit of $60,000?
A)65,000 units.
B)37,500 units.
C)40,000 units.
D)30,000 units.

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The Answer of A product sells for $20 per unit and has a contribution margin ratio of 40%. Fixed expenses total $240,000 annually. How many units of the product must be sold to yield a profit of $60,000?
A)65,000 units.
B)37,500 units.
C)40,000 units.
D)30,000 units.

A Product Sells for $20 Per Unit and Has a Contribution