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A total of 30,000 units were sold last year. The contribution margin per unit was $2, and fixed expenses totaled $20,000 for the year. This year fixed expenses are expected to increase to $26,000, but the contribution margin per unit will remain unchanged at $2. How many units must be sold this year to earn the same net income as was earned last year?

a. 23,000

b. 33,000

c. 30,000

d. 13,000

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M996547

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