Multiple Choice
A product has a contribution margin of 20% and sells for $100.00 per unit. Assuming fixed costs of $2 million and a goal to have an EBIT of $1 million, how many units of the product must be sold?
A) 100,000 units
B) 50,000 units
C) 120,000 units
D) 150,000 units
Correct Answer:
Verified
Correct Answer:
Verified
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