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Memorable Moments Wants to Sell Enough Custom Gifts to Earn

Question 133

Essay

Memorable Moments wants to sell enough custom gifts to earn a profit of $250,000. If the unit selling price per gift is $40, unit variable cost is $27, and total fixed costs are $101,000, how many custom gifts must be sold to earn the desired operating income of $250,000?

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27,000 units , (Fixed Costs + ...

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