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Bloom Company LLP located in Osh Kosh Wisconson manufactures and sells 10,000 units of a product that has a contribution margin of $7 per unit.
Bloom Company LLP located in Osh Kosh Wisconson manufactures and sells 10,000 units of a product that has a contribution margin of $7 per unit. The LLP sells the product for a sales price of $25 per unit. Fixed costs are $32,900. The firm has recently invested in new technology and expects the variable cost per unit to fall to $15 per unit. The investment is expected to increase fixed costs by $20,300. After the new investment is made, how many units must be sold to breakeven? (Do not round intermediate calculations.) Multiple Choice 3,290 units 5,320 units Loooo 7,600 units 6,190 units
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