Solved: What amount of sales that will be necessary to earn profit, Financial Accounting

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What amount of sales that will be necessary to earn profit

Response to the following problem:

CMA, Inc, produces a product that has a variable cost of $2.50 per unit. The company's fixed costs are $30,000. The product is sold for $5.00 per unit and the company desires to earn a target profit of $20,000. What amount of sales that will be necessary to earn the desired profit?

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Financial Accounting: What amount of sales that will be necessary to earn profit

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Financial Accounting: What amount of sales that will be necessary to earn profit

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