11:57 O P* ll 95% i4G+Not 11431031@students.liu.edu.lb? Switchaccount* RequiredCVP RelationsX Company had the following informationavailable for 2020:Number of units sold32,000 unitsSelling price per unitS1.250Variable cost per unit$750Total fixed costs$14,000,000Based on the above, the unit contributionmargin is: *40%$500$16,000,000None of the aboveBased on the above, the break-even point 11:58 A E4* l 95% iY14,000,000$35,000,000$40,000,000None of the aboveBased on the above, how many units shouldthe company sell to earn net income of$3,500,000? *35,000 units14,000 units28,000 unitsNone of the abovePage 5 of 10ВackNextNever submit passwords through Google Forms.This form was created inside of Lebanese InternationalUniversity. Report AbuseGoogle Forms

Answered: X Company had the following information…

X Company had the following information available for 2020: Number of units sold 32,000 units Selling price per unit S1,250

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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