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Jones Corp sells sneakers. Fixed costs for the firm include salaries, machinery, depreciation and athlete sponsorship contracts. Each pair of shoes sells for $130 each.
Jones Corp sells sneakers. Fixed costs for the firm include salaries, machinery, depreciation and athlete sponsorship contracts. Each pair of shoes sells for $130 each. Fixed costs of the firm are $1,250,000 per year. What is the accounting breakeven (in units) if the shoes had a variable cost of $22 per shoe?
Multiple Choice
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12,509
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9,615
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11,574
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56,818
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