Question: what is the answer? Mazoon Company's variable costs are 60% of the selling price and its fixed costs are $80,000. To realize profits of $20,000

what is the answer?
Mazoon Company's variable costs are 60% of the selling price and its fixed costs are $80,000. To realize profits of $20,000 from sales of 60,000 units, using the CVP equation, what would be the selling price per unit? a. $3.33 b. None of the given answers OC. $1.66 d. $4.16 e. $2.66
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