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Good evening, I would assistance with the following question. A company wants to have $7 million in sales with $2 million in profit. It will have...
Good evening, I would assistance with the following question. A company wants to have $7 million in sales with $2 million in profit. It will have fixed costs of $3 million. Each unit of its product sells for $25. How much contribution per unit must the company have to meet its goals?
A. $1.60
B. $17.86
C. $8
D. $0.79