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Exercise 2 (Chapter 11) Break-even point Jones Corporation sells products for $120 each that have variable costs of $80 per unit. Jones' annual fixed cost

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Exercise 2 (Chapter 11) Break-even point Jones Corporation sells products for $120 each that have variable costs of $80 per unit. Jones' annual fixed cost is $720,000. Required: Use the per-unit contribution margin approach to determine the break-even point in units and dollars

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