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n 2008, Logan sold 1,000 units at $500 each and earned net income of $40,000. Variable costs were $300 per unit, and fixed costs were
n 2008, Logan sold 1,000 units at $500 each and earned net income of $40,000. Variable costs were $300 per unit, and fixed costs were $160,000. The same selling price is expected for 2009, Logan's variable cost per unit will rise by 10% in 2009 due to increasing material costs; Logan is planning to cut fixed costs by $10,000. How many units must Logan sell in 2009 to maintain the same income level as 2008? ROUND TO THE NEAREST UNIT. 882 1,000 1,056 1,118
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