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Melody Company Sells a Product for $14, Variable Costs Are

Question 154

Multiple Choice

Melody Company sells a product for $14, variable costs are $10 per unit, and total fixed costs are $5,040. If Melody wants to earn an operating profit of $880, how many units must it sell?


A) 1,480
B) 1,260
C) 1,040
D) 62
E) 247

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