A company sells a product which has a unit sales price of $5, unit variable cost of $3 and total fixed costs of $240,000. The number of units the company must sell to break even is   Group of answer choices 120,000 units. 48,000 units. 480,000 units. 80,000 units.

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter2: Functions And Graphs
Section2.CR: Chapter Review
Problem 87E
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A company sells a product which has a unit sales price of $5, unit variable cost of $3 and total fixed costs of $240,000. The number of units the company must sell to break even is
 
Group of answer choices
120,000 units.
48,000 units.
480,000 units.
80,000 units.
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