Multiple Choice
If a product has a contribution margin of 40% and has a price of $5.00 per unit, how many units must be sold to breakeven assuming a fixed cost of $800,000.00?
A) 1.6 million
B) 0.4 million
C) 0.6 million
D) 0.9 million
Correct Answer:
Verified
Correct Answer:
Verified
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