What will be the firms net income
Question: If a firm has a break even point of 20,000 units and the contribution margin on the firm's single product is $3.00 per unit and fixed costs are $60,000, what will be the firm's net income be at sales of 30,000 units.
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Firm's single product is $3.00 per unit and fixed costs are $60,000, what will be the firm's net income be at sales of 30,000 units.
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