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In 2022, Vaughn sold 1000 units at $ 500 each and earned net income of $ 40000. Unit variable cost was $300 and fixed expenses
In 2022, Vaughn sold 1000 units at $ 500 each and earned net income of $ 40000. Unit variable cost was $300 and fixed expenses totaled $ 260000. The same selling price is expected for 2023. Vaughn's unit variable cost will rise by 10% in 2023 due to increasing material costs so they are tentatively planning to cut fixed costs by $ 10000. If the company is successful in cutting fixed costs by $ 10000, how many units must Vaughn sell in 2023 to maintain the same income level as 2022? O 1349 O 1706 O 1611 O 1000
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