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LS Inc. sells a single product and has fixed costs for the period of $20,000. if variable costs are 60% of the selling price and
LS Inc. sells a single product and has fixed costs for the period of $20,000. if variable costs are 60% of the selling price and each unit sells for $50, then:
A. Selling 1,250 units results in a profit
B. Sales of $40,000 will result in a loss
C. Sales of $50,000 will result in zero profit
D. Selling 950 units will result in a loss
E. All of the above statements are true
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