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The president of Cummings Corporation will not receive a bonus next year unless the company's profits are at least $435,000. Cummings sells a single product at a price of $27 per unit. If variable costs are $12 per unit and fixed costs total $150,000, what amount of sales in units must Cummings generate in order for the president to receive a bonus?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92798682

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