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A recent income statement of McClennon Corporation reported the following data: Units sold7,500 Sales revenue$9,000,000 Variable costs4,800,000 Fixed costs2,640,000 If the company desired to earn
A recent income statement of McClennon Corporation reported the following data:
Units sold7,500
Sales revenue$9,000,000
Variable costs4,800,000
Fixed costs2,640,000
If the company desired to earn a target profit of $1,840,000, it would have to sell:
Multiple Choice
- 5,178 units.
- 8,000 units.
- 9,560 units.
- 11,308 units.
- None of the answers is correct.
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