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Liliac Company sells a single product. The selling price of the product is $300 per unit. Variable cost is $180 per unit. Fixed cost is
Liliac Company sells a single product. The selling price of the product is $300 per unit. Variable cost is $180 per unit. Fixed cost is $360,000 per period. Currently, the company is selling 5,000 units of the product.
Assume that the income tax rate is 20%. If the company wants to make a profit of $480,000 after tax, how many units of the products should be sold?
A. | 5,500 units | |
B. | 6,000 units | |
C. | 7,000 units | |
D. | 8,000 units |
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