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Cole Manufacturing would like to improve its facilities and needs to have $110,000 of profit in the next quarter in order to avoid borrowing funds.
Cole Manufacturing would like to improve its facilities and needs to have $110,000 of profit in the next quarter in order to avoid borrowing funds. The product produced in the facility sells for $120, the variable costs per unit are $72, and the total fixed costs per quarter are $585,000. How many units does Cole need to sell in order to attain $110,000 of profit?
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