Question
FooD Corporation sold 5,000 units in October. Sales Revenue were $ 200,000, Total Variable expenses were...
FooD Corporation sold 5,000 units in October. Sales Revenue were $ 200,000, Total Variable expenses were $180,000, and Total fixed expenses were $80,000. If the company increases its selling price by 20%, how many units would have to be sold in October in order to generate a profit of $40,000? (Show every step of your calculations)
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