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Hughes Company manufactures harmonicas which it sells for $23 each. Variable costs for each unit are $10 and total fixed costs are $3,400. How many units must be sold to earn income of $7,000? O A. 538 О В. 800 Ос. 452 O D. 1,040

Hughes Company manufactures harmonicas which it sells for $23 each. Variable costs for each unit are $10 and total fixed costs are $3,400. How many units must be sold to earn income of $7,000? O A. 538 О В. 800 Ос. 452 O D. 1,040

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Hughes Company manufactures harmonicas which it sells for $23 each. Variable costs for each unit are $10 and total fixed costs are $3,400. How many units must be sold to earn income of $7,000? O A. 538 О В. 800 О с. 452 O D. 1,040
Transcribed Image Text:Hughes Company manufactures harmonicas which it sells for $23 each. Variable costs for each unit are $10 and total fixed costs are $3,400. How many units must be sold to earn income of $7,000? O A. 538 О В. 800 О с. 452 O D. 1,040
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