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A Company Has Fixed Costs of $90,000

question 31

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A company has fixed costs of $90,000. Its contribution margin ratio is 30% and the product sells for $75 per unit. What is the company's break-even point in dollar sales?


Definitions:

Stenotic

Relating to or affected by stenosis, a condition characterized by the abnormal narrowing of a body passage or opening.

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A pattern of inheritance where two copies of an abnormal gene must be present for a trait or disorder to develop.

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