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Rampart's had net income in 2020 of $120,000. Rampart's variable costs were 20% of its...

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Accounting

Rampart's had net income in 2020 of $120,000. Rampart's variable costs were 20% of its total revenue. Total fixed costs were $200,000 in 2020. What is the company's breakeven point in units if its product sells for $4 per unit?

62,500

250,000

50,000

88,000

None of the above

Answer & Explanation Solved by verified expert
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