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55. Sinclair Company's single product has a selling price of $25 per unit. Last year the company reported a prot of $20,000 and variable expenses
55. Sinclair Company's single product has a selling price of $25 per unit. Last year the company reported a prot of $20,000 and variable expenses totaling $180,000. The product has a 40% contribution margin ratio. Because of competition, Sinclair Company Will be forced in the current year to reduce its selling price by $2 per unit. How many units must be sold in the current year to earn the same prot as was earned last year? A. 15,000 units B. 12,000 units C. 16,500 units D. 12,960 units
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