If Cape Cods fixed costs total ($40,000) per month, the variable cost per passenger is $10, and

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If Cape Cod’s fixed costs total $$40,000$ per month, the variable cost per passenger is $10, and tickets sell for $$50$, what is the breakeven point in units?

a. 1,000 passengers

b. 686 passengers

c. 100 passengers

d. 8,100 passengers

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Financial And Managerial Accounting

ISBN: 9780135080191

2nd Edition

Authors: Charles T Horngren, Jr Walter T Harrison

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Question Posted: May 16, 2024 06:01 AM

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If Cape Cods fixed costs total ($40,000) per month, the variable cost per passenger is $10, and

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Financial And Managerial Accounting

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