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Assume a sales price per unit of $20, variable cost per unit of $16, and total fixed costs of $168,000. What is the breakeven point?
Assume a sales price per unit of $20, variable cost per unit of $16, and total fixed costs of $168,000. What is the breakeven point?
a. 420,000 units
b. $420,000
c. 840,000 units
d. $840,000
(answer a is incorrect; also please show all steps in calculating the correct answer)
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