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Mazoon Company's variable costs are 85% of the selling price and its fixed costs are $80,000. To realize profits of $20,000 from sales of 60,000

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Mazoon Company's variable costs are 85% of the selling price and its fixed costs are $80,000. To realize profits of $20,000 from sales of 60,000 units, using the CVP equation, what would be the selling price per unit? a $1.66 O b. $1.96 OC $8.88 d. None of the given answers e $11.11

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