Produces and sells a single product

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Reference no: EM13964710

Hold Inc. produces and sells a single product. The selling price of the product is $110.00 per unit and its variable cost is $70 per unit. The fixed expense is $160,000 per month. The sales (units) required to realize a profit of $100,000 is:

a. 4,000

b. 5,500

c. 6,500

d. 2,500

Reference no: EM13964710

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