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Question - The following data applies:
Sales $700,000
Sales units 35,000
Variable manufacturing costs $200,000
Fixed manufacturing costs $180,000
Variable administration costs $50,000
Fixed administration costs $20,000
Required - Determine the breakeven point (dollars)?
a. $279,994
b. $128,568
c. $215,378
d. $311,090
Prepare the entries for Busy Beaver Computers Ltd., assuming the gross method is used to record sales and sales discounts.
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