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7. Choco Heaven had a net loss of $100,000 in 2011 when the selling price per unit was $15, the variable costs per unit were
7. Choco Heaven had a net loss of $100,000 in 2011 when the selling price per unit was $15, the variable costs per unit were $10, and the fixed costs were $200,000. Management expects per unit data and total fixed costs to be the same in 2012. Management has set a goal of earning net income of $50,000 in 2012. Choco Heaven is operating at 50% of capacity. Instructions A. How many units did Choco Heaven sell in 2011? B. How many units will Choco Heaven need to sell in 2012 to reach its goal of $50,000? c. How feasible is it that Choco Heaven might achieve its goal
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