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A company with fixed costs of $120,000 produces a product with variable costs of $8 per unit and a selling price of $16. What amount

A company with fixed costs of $120,000 produces a product with variable costs of $8 per unit and a selling price of $16. What amount of sales would be required for a net income of $60,000?

A. $220,000

B. $240,000

C. $360,000

D. $540,000

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