Canada Mills Corporation's annual fixed costs are $690,000. Variable costs are equal to 40% of sales revenue.
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Canada Mills Corporation's annual fixed costs are $690,000. Variable costs are equal to 40% of sales revenue.
a. What annual sales level must Canada Mills achieve in order to break even?
b. What annual profit will Canada Mills earn on annual sales of $2,000,000?
c. What annual sales level must be achieved in order to earn an annual income of $300,000?
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Related Book For
Fundamentals Of Business Mathematics In Canada
ISBN: 9781259370151
3rd Edition
Authors: F. Ernest Jerome, Jackie Shemko
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