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During the Past Year a Company Had Total Fixed Costs

question 17

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During the past year a company had total fixed costs of $70,000.Its product sold for $9 per unit.Variable costs during this time equaled $5 per unit.Next year the company is anticipating a 4% increase in total fixed costs and a $1 per unit decrease in variable costs but would like to maintain its current selling price per unit.How many units must the company sell next year to earn $1 million? (Round answer to complete units.)


Definitions:

Behavior

The actions or reactions of an organism, often in response to external stimuli, observable by others.

Psychoanalysis

A therapeutic approach developed by Sigmund Freud focusing on unconscious processes as they are manifested in a person's present behavior.

Sigmund Freud

A founding figure in psychoanalysis, known for his theories on the unconscious mind, dreams, and psychosexual development.

Psychological Thought

The theories, principles, and concepts that form the basis of psychology as a scientific discipline.

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