Company XYZ produces and sells headphones. The company has total fixed costs of $112,000. Each headphone sells for $140 per unit and has variable costs of $100 per unit. Next year XYZ Company wishes to earn an operating income that equals 40% of fixed costs. How many units must be sold to achieve this target income level? (rounded to the nearest number) Select one: a. 3,920 O b. 467 O c. 653 O d. 1,680 O e. 2,800 XYZ Company uses the high low method to analyze the mixed cost. According to the cost formula derived, the total fixed cost is $10,000. Total cost at the high level of activity was $73,000 and at the low level of activity was $25,000. If the low level of activity was 2,500 units, what was the high level of activity in units? Select one: O a. 11,500 O b. 11,000 O C.7,300 O d. 10,500 e. None of the answers given