DERON Corporation produces class rings to sell to college and high school students. These rings sell for $75 each and cost $35 each to produce. DERON has fixed costs of $50,000. DERON 's president, Andrew Williams, expects an annual profit of $100,000. 

How many rings must be sold to attain this profit?

Answer rating: 100% (QA)

To calculate the number of rings that DERON Corporation must sell to attain an annual profit of ... View the full answer