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A product for $40 per unit and has a contribution margin ratio of 40%. Fixed expenses total $200,000 annually. How many units of the product
A product for $40 per unit and has a contribution margin ratio of 40%. Fixed expenses total $200,000 annually. How many units of the product must be sold to yield and operating income of $80,000?
Multiple Choice
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17,500 units.
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40,000 units.
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15,000 units.
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30,000 units.
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