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Loretta & Nieces has fixed costs are $200,000. The price of each unit sold is $12, and the variable cost per unit is $8. How
Loretta & Nieces has fixed costs are $200,000. The price of each unit sold is $12, and the variable cost per unit is $8. How many units must the firm sell to reach the break-even point?
A. 50,000 units
B. 16,667 units
C. 25,000 units
D. not enough information has been provided to determine the break-even point
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