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A publisher sells a calendar for $6.50. The variable cost per calendar is $3 at the current annual sales volume of 200,000 calendars; at this

A publisher sells a calendar for $6.50. The variable cost per calendar is $3 at the current annual sales volume of 200,000 calendars; at this volume the publisher is just breaking even. What are the fixed costs?: A. $600,000 B. $700,000 C. $1,200,000 D. $1,300,000 E. None of these.

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