A company produces and sells only one product. Shown below is information about the company and that
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Question:
A company produces and sells only one product. Shown below is information about the company and that product:
Contribution Margin Ratio ................ 30%
Variable cost per unit ........................$35
Fixed cost ........................................$44,000
How many UNITS would have to be sold to have net income that is 8% of sales?
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