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Lab Solutions Co. manufactures a product that has a variable cost of $150 per unit, and based on competitive analysis, they want to charge a
Lab Solutions Co. manufactures a product that has a variable cost of $150 per unit, and based on competitive analysis, they want to charge a price of $175 per unit. Their fixed costs are $45,000 and they need to generate $30,000 of profit. How many units does Lab Solutions Co. need to sell in order to break even (e.g., cover all costs and required profit)? Group of answer choices
a) 260
b) 430
c) 1800
d) 3000
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