Use the Following Information -The Sales £ Needed to Achieve the Target Profit Is

Use the following information $$\begin{array} { | l | l r | } \hline \text { Fixed costs } & £ & 240,000 \\\hline \text { Selling price perunit } & £ & 18.00 \\\hline \text { Variable costs per unit } & £ & 12.60 \\\hline \text { Target profit } & £ & 120,000 \\\hline\end{array}$$
-The sales £ needed to achieve the target profit is closest to:

A) £1,200,000
B) £841,120
C) £800,000
D) £560,747

Correct Answer:

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