Locus Company has total fixed costs of $116,500. Its product sells for $49 per unit and variable costs amount to $29 per unit. Next year Locus Company wishes to earn a pretax income that equals 40% of fixed costs. How many units must be sold to achieve this target income level?
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Home » Business » Locus Company has total fixed costs of $116,500. Its product sells for $49 per unit and variable costs amount to $29 per unit. Next year Locus Company wishes to earn a pretax income that equals 40% of fixed costs.