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11.The Axle Division of LaBate Company makes and sells only one product. Annual data on the Axle Division's singleproduct follow: Unit selling price ........................................ $50Unit

image text in transcribed 11.The Axle Division of LaBate Company makes and sells only one product. Annual data on the Axle Division's singleproduct follow: Unit selling price ........................................ $50Unit variable cost ....................................... 30Total ?xed costs ....................................... $200,000Average Operating assets ............................ $75 0,000Minimum required rate of return ............... 12% Suppose the manager of Axle desires an annual residual income of $45,000. In order to achieve this, Axle should sell howmany units per year? A. 14,500 B. 16,750 C. 18,250 D. 19,500 E. None of the above

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