Both Simmons Company and Pate Company had the same sales, total costs, and income from operations for

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Both Simmons Company and Pate Company had the same sales, total costs, and income from operations for the current fiscal year; yet Simmons Company had a lower break-even point than Pate Company. Explain the reason for this dif- ference in break-even points.

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Financial Accounting

ISBN: 9780324188035

9th Edition

Authors: Dr Carl S. Warren, Dr James M. Reeve, Philip E. Fess

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