What sales volume would be required in order to meet this

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A venture capital investment group received a proposal from Wireless Solutions to produce a new smart phone.

The variable cost per unit is estimated at $250, the sales price would be set at twice the VC/unit, fixed costs are estimated at $750,000, and the investors will put up the funds if the project is likely to have an operating income of $400,000 or more.

What sales volume would be required in order to meet this profit goal?

Reference no: EM132049960

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