Q: 16
CORRECT TEXT PQR Manufacturing Ltd. has £3,000,000 of fixed costs for the forthcoming period. The company produces a single product 'X', which has a selling price of £75 per unit and total cost of £50. 75% of the total cost represents variable costs. How many units (to the nearest whole unit) will the organization need to produce and sell to generate a profit of £500,000?
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