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Mazoon Company's variable costs are 75% of the selling price and its fixed costs are $80,000. To realize profits of $20,000 from sales of 60,000

Mazoon Company's variable costs are 75% of the selling price and its fixed costs are $80,000. To realize profits of $20,000 from sales of 60,000 units, using the CVP equation, what would be the selling price per unit? a. $6.67 b. $1.66 Oo. None of the given answers d. $1.77 e. $5.33

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