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How many units must be sold to yield a profit

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Reference no: EM131928221

Question - A product sells for $20 per unit, and has a contribution margin ratio of 40%. Fixed expenses total $120,000 annually. How many units must be sold to yield a profit of $30,000?

12,500 units.

18,750 units.

20,000 units.

25,000 units.

Reference no: EM131928221

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