Madame Gazelle Ltd sells widgets to the manufacturing industry at a price of 58 per widget. Her cost structure is as follows:

Material cost per unit = 20

Direct labour cost per unit = 14

Other variable overhead cost per unit = 4

Annual fixed manufacturing overhead = 16,000

Annual fixed selling and administrative overhead = 8,000

What is the sales revenue required to achieve a target profit of 12,000?

	a.	54,400
	b.	104,000
	c.	80,000
	d.	104,400