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Partner Industries sells a single product for $60 that has a variable cost of $40. Fixed costs amount to $15 per unit when anticipated sales

Partner Industries sells a single product for $60 that has a variable cost of $40. Fixed costs amount to $15 per unit when anticipated sales targets are met. If the company sells one unit in excess of its break-even volume, profit will be:

Multiple Choice

  • $20.
  • an amount that cannot be derived based on the information presented.
  • $5.
  • $35.
  • Incorrect
  • $60.

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