Fixed expenses total 120000 annually how many units must be
Question - A product sells for $20 per unit, and has a contribution margin ratio of 40%. Fixed expenses total $120,000 annually. How many units must be sold to yield a profit of $30,000?
12,500 units.
18,750 units.
20,000 units.
25,000 units.
Now Priced at $20 (50% Discount)
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