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A company has total fixed costs of $3M. A unit of inventory sells for $10 and carries $5 of Variable Costs. Each unit of inventory
A company has total fixed costs of $3M. A unit of inventory sells for $10 and carries $5 of Variable Costs. Each unit of inventory has a contribution margin of .........................(?).
In order to break even, the company needs to sell .................... units.
To earn a profit of $2M , company must sell ..................... Units.
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