Multiple Choice
Duke Corporation sells fans for $20 per unit. In 2011, fixed costs are expected to be $450,000, and the variable cost ratio is 60%. How many fans must Duke sell to generate operating income of $60,000?
A) 42,500
B) 56,250
C) 60,000
D) 63,750
Correct Answer:
Verified
Correct Answer:
Verified
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