(Use the following data needed to achieve the required net profit (BT), to answer this question.)

What is the earnings volume required for Option C?

Question 11 options:

A)	$1.4 Million

B)	$1.0 Million

C)	$1.2 Million

D)	$1.5 Million

20X4 BUDGET AMOUNT PERCENT $1,200,000 100 EARNINGS VARIABLE COST 080.000 90 FIXED OPERATING EXPENSE 100,000 $20,000 NET PROFIT OTHER DATA: 1. Net profit required (BT) $50,000 2. Maximum company market share $1,350,000 3. The market is competitive 4. No advanced project management procedures are applied. Options to obtain the required net profit (BT): Option A: Decrease price by 5% Option B: Increase price by 5% Option C: Decrease fixed costs by $10,000 Option D: Decrease variable cost by 5% of earnings