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Hill & Scott Company Sells a Product for $20

Question 17

Multiple Choice

Hill & Scott Company sells a product for $20.Variable costs are $15 per unit, and total fixed costs are $7,000.How many units must be sold by Hill & Scott to earn a profit of $1,000?


A) 1,600 units
B) 1,400 units
C) 1,040 units
D) 62 units
E) 247 units

Correct Answer:

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