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Refer to the following Locus Company has total fixed costs of $118,000. Its product sells for $55 per unit and variable costs amount to $39
Refer to the following
Locus Company has total fixed costs of $118,000. Its product sells for $55 per unit and variable costs amount to $39 per unit. Next year Locus Company wishes to earn a pretax income that equals 20% of fixed costs. How many units must be sold to achieve this target Income level Step by Step Solution
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