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M and M, Inc. produces a product that has a variable cost of $3.70 per unit. The company's fixed costs are $33,000. The product is

M and M, Inc. produces a product that has a variable cost of $3.70 per unit. The company's fixed costs are $33,000. The product is sold for $7 per unit and the company desires to earn a target profit of $16,500. What is the amount of sales that will be necessary to earn the desired profit? (Do not round intermediate calculations.)

Multiple Choice

  • $105,000

  • $119,500

  • $70,000

  • $241,000

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