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Sandy Company sells a single product. The product has a selling price of $45 per unit and variable expenses of $15 per unit. The company's fixed expenses total $15,000 per year.
Question 1: The company's break-even point in terms of total sales dollars is:
a. $22,500
b. $45,000
c. $15,000
d. $48,000
Discuss the difference between the straight-line method of depreciation and the accelerated methods.
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