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In correspondence to SLOAT question number 5c. Hollis Company sells a single product for $20 per unit. The company's fixed expenses total $240,000 per year,
In correspondence to SLOAT question number 5c. Hollis Company sells a single product for $20 per unit. The company's fixed expenses total $240,000 per year, and variable expenses are $12 per unit of product. The company's break-even point is:
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