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Accounting Question?
For the life of me, I can't seem to figure out this question. Can anyone help and give me an idea of how to get the answer?
Restaurant Inc. – Consolidated Income Statement
FY 2016
Sandwiches Sold 2,000
Operating Revenue $ 16,000
Operating Expense 10,000
EBIT $ 6,000
Taxes 2,000
Net Income $ 4,000
Question: If a company has an advertising campaign of that costs $10,000 and variable costs accounting for 50% of revenue, how many units must the company sell to reach $1,000 in EBIT at a selling price of $10 per unit?
The answer choices I've been given are as follows:
16,000
18,000
20,000
22,000
