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M and M, Inc. produces a product that has a variable cost of $4.20 per unit. The company's fixed costs are $50,400. The product is
M and M, Inc. produces a product that has a variable cost of $4.20 per unit. The company's fixed costs are $50,400. The product is sold for $7 per unit and the company desires to earn a target profit of $11,200. What is the amount of sales that will be necessary to earn the desired profit? (Do not round intermediate calculations.)
$154,000
$380,800
$126,000
$187,600
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