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7 years ago
Madison Company has provided the following information:

Sales price per unit   $40
Variable cost per unit   18
Fixed costs per month   $12,800

What is the amount of sales in dollars required for Madison to break even? (Round any percentages to two decimal places and your final answer to the nearest dollar.)
A) $23,273
B) $711
C) $12,800
D) $582
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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#2
7 years ago
Makes perfect sense, thx
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