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XYZ Company's single product has a selling price of $25 per unit. Last year the company reported profit of $75,000 and variable expenses totaling $360,000.

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XYZ Company's single product has a selling price of $25 per unit. Last year the company reported profit of $75,000 and variable expenses totaling $360,000. The product has a 40% contribution margin ratio. Because of competition, XYZ Company will be forced in the current year to reduce its selling price by $2 per unit. How many units must be sold in the current year to earn the same profit as was earned last year? Select one: a. 30,000 b. 16,500 OC. 36,000 O d. 43,500 e. 24,000

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