Hong Long Ltd. has a product that is sold for ($75;) variable costs are ($30) and fixed
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Hong Long Ltd. has a product that is sold for \($75;\) variable costs are \($30\) and fixed costs are \($1,000\) per month. Calculate how many products must be sold to obtain a profit of \($10,000\) per year.
a. 267
b. 244
c. 489
d. 147
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Related Book For
Accounting For Managers Interpreting Accounting Information For Decision Making
ISBN: 9781118037966
1st Canadian Edition
Authors: Paul M. Collier, Sandy M. Kizan, Eckhard Schumann
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