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Precision Watches purchases a luxury watch from Germany, including insurance and shipping costs, for $620 per unit. The markup on the watch is 40% for

Precision Watches purchases a luxury watch from Germany, including insurance and shipping costs, for $620 per unit. The markup on the watch is 40% for a sales price of $868. Other traceable direct costs amount to $14 per unit. The indirect costs associated with this product amount to $47,960. How many watches must Precision Watches sell in order to break even?

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