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How many widgets do they need to sell

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Question - Hoops Limited makes a single product, the widget. This product sells for £15, and makes a contribution of £5 per unit. Total fixed costs per annum are £11,125.

If Hoops Limited wishes to make an annual profit of £11,875, how many widgets do they need to sell?

A. 1,533 units

B. 2,225 units

C. 2,375 units

D. 4,600 units

Reference no: EM132587385

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