The Clipper Company produces a specialized hand-held clipper designed for pet grooming and sells the product to retailers for $25. The total fixed costs are $50,000, and variable costs to produce the pet clipper are $5 per unit. What is the breakeven point for the pet clipper?
a) Cannot be determined.
b) 2,000 units
c) 1,667 units
d) 2,500 units