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XYZ Company's single product has a selling price of $25 per unit. Last year the company reported profit of $125,000 and variable expenses totaling $600,000.
XYZ Company's single product has a selling price of $25 per unit. Last year the company reported profit of $125,000 and variable expenses totaling $600,000. The product has a 10% contribution margin ratio. Because of competition, Xxz Company will be forced in the current year to reduce its selling price by $2 per unit. How many units must be sold in the current year to earn the same profit as was eamed last year? Select one: a. 60,000 b. 72,500 OC 50,000 O d. 40,000 e 27,500 Time left 1:29:37
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