A firm has fixed costs of $200,000 budgeted for a product, the unit selling price is $25.00, and the unit variable costs are $10.00.

How many units must be sold to achieve a dollar profit goal of $20,000?

Options: 8,800, 22,000, 14,670

What amount in dollar sales would be required to achieve this profit goal?

Options: 120,000 or 366,750 or 550,000