Woolford's CVP income statement included sales of 4,000 units, a selling price of $50, variable expenses of $30 per unit, and net income of $25,000. Fixed expenses are A) $55,000. B) $80,000. C) $120,000. D) $200,000.

Woolford's CVP income statement included sales of 4,000 units, a selling price of $50,

 

variable expenses of $30 per unit, and net income of $25,000. Fixed expenses are

 

A) $55,000.

 

B) $80,000.

 

C) $120,000.

 

D) $200,000.

 

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