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Cannon Co Has a Unit Selling Price of $500 Variable Cost

Question 165

Essay

Cannon Co. has a unit selling price of $500 variable cost per unit $300 and fixed costs of $240000.
Instructions
Compute the break-even point in units and in sales dollars.

Correct Answer:

verifed

Verified

$500X − $300X − $240000 = 0
BE...

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