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Elizabeth Company want its targeted net income to be $250,000 in 2016. The selling price per unit is $176.00 and the variable cost per unit
Elizabeth Company want its targeted net income to be $250,000 in 2016. The selling price per unit is $176.00 and the variable cost per unit was $85. The fixed cost is $600,000. Required: (a) Compute the number of units needed to be sold to reach the targeted net income. (b) Compute the sales revenue needed to reach the targeted net income
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