Pringle sock company determines its break-even point

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Pringle Sock Company determines its break-even point strictly on the basis of cash expenditures related to fixed costs.  Its total fixed costs are $700,000, but 25 percent of this value is represented by depreciation. Its contribution margin (price minus variable cost) for each unit is $6.00. How many units does the firm need to sell to reach the cash break-even point?

Reference no: EM13380987

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