Use the Information Below to Answer the Following Question(s)

Use the information below to answer the following question(s) .The following information is for Winnie Company:

-Fan Inc.is a nonprofit organization that supplies fans during the summer for individuals in need.Fixed costs are $500,000.The fans cost $40.00 each.The organization has a budgeted appropriation of $1,200,000.How many people can receive a fan during the summer?

A) 15,000 people
B) 17,500 people
C) 30,000 people
D) 42,500 people
E) 80,000 people

Correct Answer:

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