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Use the following information to determine your answers. The item sells for $100/unit, It has fixed costs of $2,000,000. They estimate they can sell 125,000
Use the following information to determine your answers. The item sells for $100/unit, It has fixed costs of $2,000,000. They estimate they can sell 125,000 of these annually. The average variable cost is $80.
Using the information given above, determine the level of dollar sales needed for the firm to make a profit of 15 percent of sales
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