XYZ Inc. sells a single product for $30 per unit. Variable production costs are $18 per unit. Fixed overhead costs amount $80,000 per month. Variable selling costs are $3 per unit. Fixed selling costs are $10,000 per month. Last month, the company produced 10,000 units and sold 8,000 units. What is the company's breakeven point in sales dollars?

Multiple Choice

• $40,000

• $300,000

• $240,000

• $120,000

can you show your work as well