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Lillard, Inc. sells its product for $4.00 per unit, and its variable costs are $1.50 per unit. Monthly fixed costs are $100,000. What level of

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Lillard, Inc. sells its product for $4.00 per unit, and its variable costs are $1.50 per unit. Monthly fixed costs are $100,000. What level of sales in dollars is required for Lillard to reach $40,000 in monthly net income? $160,000 $373,333 $224,000 $56,000 $40,000

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