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Larimer Company has monthly fixed costs totaling $90,000 and variable costs of $5 per unit. Each unit of product is sold for $20. What is

  1. Larimer Company has monthly fixed costs totaling $90,000 and variable costs of $5 per unit. Each unit of product is sold for $20. What is the break-even point in sales dollars?
    1. $72,000
    2. b. $360,000
    3. $120,000
    4. None of these
    5. $90,000
  2. Larimer Company has monthly fixed costs totaling $90,000 and variable costs of $5 per unit. Each unit of product is sold for $20. How many units must be sold to earn a monthly profit of $135,000?
    1. a. 9,000
    2. 6,000
    3. 15,000
    4. 6,750
    5. None of these

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