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Multiple Choice $75,000 $50,000 $88,333 $125,000 M and M. Inc. produces a product that has a variable cost of $300 per unit. The company's fixed
M and M. Inc. produces a product that has a variable cost of $300 per unit. The company's fixed costs are $30,000. The product is sold for SS_OO 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? Multlple Cholce 573.000 SSO.OOO 383333 SIE.oco
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Accounting The Basis For Business Decisions
Authors: Robert F. Meigs, Mary A. Meigs, Mark Bettner, Ray Whittington
10th Edition
0070433607, 978-0070433601
