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During FY 2018, Adelphi Company reported sales of $400,000, a contribution margin of $10.00 per unit, fixed costs of $130,000, and net income of $30,000.
During FY 2018, Adelphi Company reported sales of $400,000, a contribution margin of $10.00 per unit, fixed costs of $130,000, and net income of $30,000. Use this information to determine the number of units Adelphi sold during FY 2018.(Round answer to nearest whole number)
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Hospitality Financial Accounting
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Agnes L.
2nd Edition
