Thomas Company produces and sells a single product. The product has a selling price...

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Accounting

Thomas Company produces and sells a single product. The
product has a selling price of $25 per unit and has a
contribution margin of $10 per unit. During 2028, Thomas
Company had total fixed costs of $120,000 and reported a
margin of safety of $62,000.
Calculate the number of units Thomas Company must sell
in2029 for the 2029 net income tobe25% greater than
the net income reported in2028.

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