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For a firm that would break even at $200 000 sales and earn a profit of $30 000 at sales of $250 000, which of
For a firm that would break even at $200 000 sales and earn a profit of $30 000 at sales of $250 000, which of the following statements is always true? A. Fixed costs are $80 000. B. Profit at sales of $300 000 would be $80 000. C. The contribution margin is 60 per cent of sales. D. The selling price is $2 per unit
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