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Billy Corporation has sales of 3,000 units at $100 per unit. Variable costs are 25% of the sales price. Total fixed costs are $150,000. What

Billy Corporation has sales of 3,000 units at $100 per unit. Variable costs are 25% of the sales price. Total fixed costs are $150,000. What is the break-even point in units? What does this break-even point indicate? Show all workings.

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