High Fidelity Audio Inc. reported sales of $8,000,000 for the month and incurred variable expenses...
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Accounting
High Fidelity Audio Inc. reported sales of $8,000,000 for the month and incurred variable expenses totaling $5,600,000 and fixed expenses totaling $1,440,000. The company has no beginning or ending inventories. A total of 80,000 units were produced and sold last month. How many units would the company have to sell to achieve a desired profit of $1,200,000? A) 88,000 B) 100,000 C) 106,668 D) 150,000
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