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Ivanhoe Company makes radios that sell for $ 4 0 each. For the coming year, management expects fixed costs to total $ 1 5 3

Ivanhoe Company makes radios that sell for $40 each. For the coming year, management expects fixed costs to total $153,360 and unit variable costs to be $28.
(a)
Compute the break-even point in sales dollars using the contribution margin (CM) ratio.
Break-even point
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