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Lindo Company incurs annual fixed costs of $80,000. Variable costs for Undo's product are $40 per unit, and the sales price is $64 per unit.

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Lindo Company incurs annual fixed costs of $80,000. Variable costs for Undo's product are $40 per unit, and the sales price is $64 per unit. Undo desires to earn an annual profit of $40,000. Use the contribution margin ratio approach to determine the sales volume in dollars and units required to earn the desired profit. (Do not round intermediate calculations.)

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