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Best 24 Not you answered Marked out of 100 ng Question XYZ Company's single product has a selling price of $25 per unit. Last year

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Best 24 Not you answered Marked out of 100 ng Question XYZ Company's single product has a selling price of $25 per unit. Last year the company reported profit of $150,000 and variable expenses totaling $720,000. The product has a 40% contribution margin ratio. Because of competition, XYZ 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 profit as was earned last year? Select one: 3. 60,000 b. 48,000 0 33,000 d. 87.000 0.72,000

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