7. Company A manufactures and sells a single product which sells for $50 per unit...
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Accounting
7. Company A manufactures and sells a single product which sells for $50 per unit and has a contribution margin ratio of 30%. The companys monthly fixed expenses are $25,000. If the company desires a monthly target net operating income equals to 20% of sales dollars, what will sales in units have to be (rounded)?
1,000 units
1,667 units
2,500 units
5,000 units
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