The Workers Compensation Board is administered by the Federal Government

Which of the following is a provision of Article 4 of the Uniform Commercial Code?

A) establishing the requirements for negotiable instruments, such as checks B) establishing the rules and principles that regulate bank deposit procedures for checking accounts offered by commercial banks C) stipulating the rules that regulate the creation and collection of and liability for wire transfers D) reviewing and revising guidelines for ownership of securities by investors

Refer to the instruction above. What selling price would be necessary to generate an annual profit of $90,000, if expected volume is 6,000 units per year (assume fixed costs remain at $60,000, and variable cost per unit at $35)?

A) $30 / unit B) $40 / unit C) $50 / unit D) $60 / unit