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Jimenez Industries reported the following results from the sale of 5,000 units in March: sales $300,000, variable costs $180,000, fixed costs $90,000, and net income
Jimenez Industries reported the following results from the sale of 5,000 units in March: sales $300,000, variable costs $180,000, fixed costs $90,000, and net income $30,000. Assume the company increases the selling price by 10% on April 1. How many units will have to be sold in April to maintain the same level of net income? 5,000 6,000 5,400 4,000
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