A recent income statement of Dragonwood Corporation reported the following data: If the company desired to earn

Question:

A recent income statement of Dragonwood reported the following data:

Units sold Sales revenue Variable costs Fixed costs 8,000 $9,600,000 6,000,000 2,600,000

If the company desired to earn a target profit of $1,270,000, it would have to sell:
A. 5,778 units.
B. 8,600 units.
C. 10,160 units.
D. 11,908 units.
E. an amount other than those above.

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...