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Use the following information for questions 16-18: Chestnut Company sells a product for $12 per unit. Variable costs are $7 per unit and fixed costs

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Use the following information for questions 16-18: Chestnut Company sells a product for $12 per unit. Variable costs are $7 per unit and fixed costs are $45,000 How many units must Chestnut sell to earn $25,000 before income tax? 25,000 11,000 14,000 16,000

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