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A new company ended the first year of operations with a net loss. Management is hoping to at least break-even this year. Fixed costs are
A new company ended the first year of operations with a net loss. Management is hoping to at least break-even this year. Fixed costs are $135,000 and variable costs are 75% of their products unit selling price.
What level of sales (in dollars) does the company have to reach in order to break even this year?
Group of answer choices
$540,000
$180,000
$405,000
$315,000
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