Question: Please provide the answer to this general accounting question using the right approach. Quine Industries has fixed costs of $600,000 and variable costs are 60%

Please provide the answer to this general accounting question using the right approach.

Quine Industries has fixed costs of $600,000 and variable costs are 60% of the selling price. To realize profits of $250,000 from sales of 500,000 units, the selling price per unit: 1. Must be $2.60 2. Must be $3.50 3. Must be $4.25 4. Is indeterminable

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