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1. Closser Corporation produces and sells two products. In the most recent month, Product M50S had sales of $39,000 and variable expenses of $12,870. Product

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1. Closser Corporation produces and sells two products. In the most recent month, Product M50S had sales of $39,000 and variable expenses of $12,870. Product H50G had sales of $12,000 and variable expenses of $4,980. The fixed expenses of the entire company were $33,050. The break-even point for the entire company is closest to A. $17,950. B. $50,900. C. $50,846. D. $33,050. 2. Contribution margin is the amount remaining after A. fixed expenses have been deducted from sales revenue. B. fixed expenses have been deducted from variable expenses. C. variable expenses have been deducted from sales revenue. D. cost of goods sold has been deducted from sales revenues

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