Minist Corporation sells a single product for $20 per unit. Last year, the company's sales...
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Accounting
Minist Corporation sells a single product for $20 per unit. Last year, the company's sales revenue was $225,000 and its net operating income was $38,500. If fixed expenses totaled $74,000 for the year, the break-even point in unit sales was:
a. 7,400
b. 13,175
c. 11,250
d. 5,625
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