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If fixed costs are $750,000 and variable costs are 80% of sales, what is the break-even point in sales dollars?
a. $937,500
b. $600,000
c. $3,750,000
d. $1,275,000
2. If fixed costs are $700,000 and the unit contribution margin is $14, what amount of units must be sold in order to realize an operating income of $100,000?
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A business using the retail method of inventory costing determines that merchandise inventory at retail is $570,000. If the ratio of cost to retail price is 72%, what is the amount of inventory to be reported on the financial statements?
specal assessmentdebt may be in economic substance andor legal form an obligation of the asessed property owners rather
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