Hofstra Company sells a product for $120 per unit. The variable cost is $100 per unit, and

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Hofstra Company sells a product for $120 per unit. The variable cost is $100 per unit, and fixed costs are $120,000. Determine 

(a) The break-even point in sales units 

(b) The break-even point in sales units if the company desires a target profit of $40,000.

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Accounting

ISBN: 9780538475006

24th Edition

Authors: Carl S Warren, James M Reeve, Jonathan Duchac

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