You are thinking about producing a new product. The variable cost per unit is estimated...
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You are thinking about producing a new product. The variable cost per unit is estimated at $325, the sales price would be set at 2.5 times the VC/unit, fixed costs are estimated at $825,000, and the investors will put up the funds if the project is likely to have an operating income of $800,000 or more. What sales volume would be required in order to meet this profit goal? 3,333 units 3.760 units 2.985 units 3,547 units 4.211 units
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