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M and M , Incorporated produces a product that has a variable cost of $ 3 . 0 0 per unit. The company's fixed costs

M and M, Incorporated produces a product that has a variable cost of $3.00 per unit. The company's fixed costs are $30,000. The product is sold for $5.00 per
unit and the company desires to earn a target profit of $20,000. What is the amount of sales that will be necessary to earn the desired profit?
Multiple Choice
$75,000
$50,000
$83,333
$125,000
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