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Canada Mills Corporation's annual fixed costs are $735,000. Variable costs are equal to 40% of sales revenue. a. What annual sales level must Canada Mills
Canada Mills Corporation's annual fixed costs are $735,000. Variable costs are equal to 40% of sales revenue.
a.What annual sales level must Canada Mills achieve in order to break even?
Break-even revenue$
b.What annual profit will Canada Mills earn on annual sales of $2,150,000?
Annual profit$
c.What annual sales level must be achieved in order to earn an annual income of $315,000?
Annual net income$
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