Compute the number of units cornhole sold during fy
Problem 1: During FY 2021, Cornhole Company reported sales of $400,000, a contribution margin of $6.00 per unit, fixed costs of $80,000, and net income of $25,000. Use this information to determine the number of units Cornhole sold during FY 2021.
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Compute the number of units Cornhole sold during FY 2021. Cornhole Company reported sales of $400,000, a contribution margin of $6.00 per unit.
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