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A product sells $50 with variable costs of $36 per unit and annual fixed costs of $1,200,000. If the company wants to earn an operating
A product sells $50 with variable costs of $36 per unit and annual fixed costs of $1,200,000. If the company wants to earn an operating income equal to 20% of sales, how many units must be sold ( assume all units produced are sold)?
A) 200,000 B) 250,000 C) 300,000 D) 400,000
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