A certain manufacturer produces items for which the production costs consist of annual fixed costs totaling $120,000 and variables costs averaging $8 per item. If the manufacturer’s selling price per item is $12, how many items the manufacturer produce and sell to earn an annual profit of $140,000? Choose the correct choice from the following options:  A) 2,858  B) 18,667  C) 21,429  D) 35,000  E) 65,000
Let the items manufactured or sold bex   120000+8x = 12x-140000   4x = 260000   x = 65000   Ans:65,000
<result>E</result>
A certain manufacturer produces items for which the production costs consist of annual fixed costs totaling $120,000 and variables costs averaging $8 per item. If the manufacturer’s selling price per item is $12, how many items the manufacturer produce and sell to earn an annual profit of $140,000?