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A University is using CVP analysis to determine tuition rates for the upcoming fall term. Projected costs for the year are as follows: Contribution margin

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A University is using CVP analysis to determine tuition rates for the upcoming fall term. Projected costs for the year are as follows: Contribution margin per student $ 1,800 Variable expenses per student 1,000 Total fixed expenses 360,000 Based on these estimates, what is the approximate breakeven point in number of students

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