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XYZ Company produces and sells a single product. The selling price per unit is $50, the variable cost per unit is $30, and fixed costs
XYZ Company produces and sells a single product. The selling price per unit is $50, the variable cost per unit is $30, and fixed costs are $100,000.
a) Calculate the breakeven point in units and dollars.
b) Determine the target profit for the company if they want to achieve a profit of $50,000.
Present your calculations in a table format.
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