Assume an organization must invest $700,000 in fixed costs to produce a product that sells...
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Accounting
Assume an organization must invest $700,000 in fixed costs to produce a product that sells for $75 and requires $40 in variable costs to produce one unit. How many units of output must be sold to earn a $50,000 profit? (ignore fraction of unit)
Question 18 options:
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17,500 units
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20,000 units
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21,428 units
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24,667 units
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None of the above
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