A company currently sells 5,000 units annually of a product at £20.00 per unit and currently breaks even. Total fixed costs are currently £16,000. By how much would annual quantity sold have to increase before the company makes a total profit of £18,000?

A) 1,700

B) 2,024

C) 5,625

D) 10,625

Answer rating: 100% (QA)

Answer Currently sells 5000 units at break even point Selling price per unit 2000 ... View the full answer