Multiple Products; Break-Even Point; Desired Profit. Ace Company incurs fixed costs of $60,000 per year. Its variable
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Multiple Products; Break-Even Point; Desired Profit. Ace Company incurs fixed costs of $60,000 per year. Its variable costs average 75 percent of sales. Calculate:
a. Break-even sales.
b. Sales required to earn a profit of $50,000.
c. Sales required to earn a 10 percent return on sales.
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