with solution

Archen Division of Animo Inc makes and sells only one product. Annual data on the Archen Division's single product follow: Unit selling price of P50, Unit variable cost of P30, Total fixed costs of P200,000. Archen's average operating assets amount to 9750,000 and the minimum required rate of return is 12%, Suppose the manager of Archen desires a residual income of 945,000 . In order to achieve this goal, Archen must sell how many units per year? 19,500 units 18,250 units 14,500 units 16,750 units