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 VCunit, 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 $500,000 or more What sales volume would be required in order to meet this profit goal.

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Operating income500000 Fixed costs750000 Variable cost per un... View the full answer