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Jarvis Company Produces a Product That Has a Selling Price

Question 17

Multiple Choice

Jarvis Company produces a product that has a selling price of $20.00 and a variable cost of $15.00 per unit.The company's fixed costs are $50,000.What is the break-even point measured in sales dollars?


A) $150,000
B) $200,000
C) $62,500
D) $100,000

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