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1. Fenwick Outlet Inc. sells a single product for $10. Variable costs are $2 per unit and fixed costs total $130,000 at a volume level

1. Fenwick Outlet Inc. sells a single product for $10. Variable costs are $2 per unit and fixed costs total $130,000 at a volume level of 8,200 units. What dollar sales level would Fenwick have to achieve to earn a target profit of $130,000?

Multiple Choice

$450,000. $82,000. $750,000. $325,000. $550,000.

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