Calculate the break-even point in sales dollars

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Question - Jemima's Casuals sells high-class ladies outfits. It has an outlet in Dixie Value Mall. Its marketing policy is to sell every outfit for a fixed price of $75. The normal mark-p is 50% of cost, so selling price is 150% of cost. The fixed costs consist of rent, salaries, etc. and are $5,000 per month. Calculate the break-even point in sales dollars.

Reference no: EM133090415

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