Question
A product sells for $280 per unit, and its variable costs per unit are $205. The fixed costs are $436,000. If the firm wants to
A product sells for $280 per unit, and its variable costs per unit are $205. The fixed costs are $436,000. If the firm wants to earn $63,500 pretax income, how many units must be sold?
Multiple Choice
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a) 6,860.
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b) 6,760.
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c) 6,960.
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d) 7,060.
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e) 6,660.
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Introduction To Finance Markets Investments And Financial Management
Authors: Ronald W. Melicher, Edgar A. Norton
14th Edition
0470561076, 9780470561072
