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Opal Company manufactures a single product that it sells for $80 per unit and has a contribution margin ratio of 30%. The company's fixed costs
Opal Company manufactures a single product that it sells for $80 per unit and has a contribution margin ratio of 30%. The company's fixed costs are $46,400. If Opal desires a monthly target operating profit equal to 20% of sales, sales will have to be (rounded):
1,933 units.
2,900 units.
1,160 units.
5,800 units.
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