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Question(s) / Instruction(s):

A company desires to sell a sufficient quantity of products to earn a profit of $120,000. If the unit sales price is $20, unit variable cost is $12, and total fixed costs are $240,000, how many units must be sold to earn net income of $120,000?
a.    27,000 units
b.    36,000 units
c.    67,500 units
d.    45,000 units

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