Group Company produces a single product with the following per-unit attributes: price, $10; variable material cost, $2;

Question:

Group Company produces a single product with the following per-unit attributes: price, $10; variable material cost, $2; variable direct labor cost, $3; variable manufacturing overhead, $1.50; and fixed manufacturing overhead, $1.50. Total fixed costs at Group Company are $5,000,000. How many units must Group Company sell to break even?

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