Question: 18. Ring by Spring Ring Co. sells rings for $10,000 per unit, and variable costs total $7,000 per unit. Ring by Spring incurs $6,000,000 in

 18. Ring by Spring Ring Co. sells rings for $10,000 per

18. Ring by Spring Ring Co. sells rings for $10,000 per unit, and variable costs total $7,000 per unit. Ring by Spring incurs $6,000,000 in fixed costs during the year. How many rings do they need to sell if Ring by Spring sells enough rings to generate a net income of $3,000,000

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