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.

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Accounting Basics: Fixed expenses total 120000 annually how many units must be
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