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A firm sells one product, jet pack, for a per unit price of $11,000. Variable costs per unit are $10,000. The firm also sells a

A firm sells one product, jet pack, for a per unit price of $11,000. Variable costs per unit are $10,000.

The firm also sells a second product, jet-pack-based life insurance, for a per unit price of $2,000. Variable costs per unit are $1,080.

The firm has total fixed costs of $1,000,000.

How many unit sales of jet packs are required to earn a profit of $6,000,000?

a.

25 units

b.

Cannot be determined from this information.

c.

49 units

d.

50 units

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