A company produces and sells only one product. Shown below is information about the company...
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Accounting
A company produces and sells only one product. Shown below is information about the company and the product.
Variable cost ratio ................................. 60%
Contribution margin per unit ............. $80
Fixed cost ..................................................... $31,000
How many UNITS would the company have to sell to have a net income that is 9% of sales?
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