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7. Fixed Costs =$50,000/ year, Sales Price per Unit =$50, Variable Cost Ratio =40%. a. Determine the break-even quantity and sales based on the information

image text in transcribed 7. Fixed Costs =$50,000/ year, Sales Price per Unit =$50, Variable Cost Ratio =40%. a. Determine the break-even quantity and sales based on the information above. b. Draw a graph to illustrate the breakeven point

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