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Question 1: In Keegan Corporation's most recent fiscal year, the company reported pretax earnings of $221,000. Fixed costs totaled $374,400, the unit selling price of the firm's only product was $65, and the variable costs per unit were 40% of the selling price. Based on this information, the firm's break-even point in units was:
Multiple Choice
Option 1: 15,120 units.
Option 2: 15,268 units.
Option 3: 15,125 units.
Option 4: 9,600 units.
Option 5: 9,285 units.
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