Greg’s Goosebumps produces Halloween items. Greg’s production costs consist of annual fixed costs totaling \(\$120,000\) and variable costs averaging \(\$4\) per item. If Greg’s selling price per item is \(\$20,\) how many items must he produce and sell to earn an annual profit of \(\$200,000?\)
A. \(20,000\)
B. \(15,000\)
C. \(3,333\)
D. \(5,000\)
E. \(1,333\)
The OA is A
5-Day Free Trial
5-day free, full-access trial TTP
Available with Beat the GMAT members only code
MORE DETAILS
