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Forms, Inc. wants to sell a sufficient quantity of products to earn a profit of $40,000. If the unit sales price is $10, unit variable cost is $8, and total fixed costs are $80,000, how many units must be sold to earn income of $40,000?

a. 60,000 units

b. 40,000 units

c. 15,000 units

d. 600,000 units

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M969778

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