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Home Q & A Board Other Fields Homework Help Business Accounting
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jene277 jene277
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A year ago
A company produces Product 11 and Product 22. Product 11 sells for $20 and has a contribution margin ratio of 60%. Product 22 sells for $30 and has a contribution margin ratio of 60%. This year the company sold 1,500 units of Product 11 and 2,500 units of Product 22. At the break-even point, the company needs to sell 1,275 units of Product 11. What are the company's fixed costs?

▸ $52,020

▸ $53,550

▸ $32,130

▸ $48,450
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Managerial Accounting

Managerial Accounting


Edition: 4th
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Aldrich E.Aldrich E.
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A year ago
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jene277 Author
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This calls for a celebration Person Raising Both Hands in Celebration
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