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No More Standing is a retailer of office chairs located in San Francisco, California. Due to increased market competition, the CFO of No More
No More Standing is a retailer of office chairs located in San Francisco, California. Due to increased market competition, the CFO of No More Standing has grown worried about the firm's upcoming income stream. The CFO asked you to use the company financial information provided below. Sales price Per-unit variable costs: Invoice cost Sales commissions. Total per-unit variable costs Total annual fixed costs: Advertising Rent Salaries Total annual fixed costs: $ 80.00 42.00 18.55 $ 60.55 $ 56,250 78,500 226,500 $ 361,250 The annual breakeven point, in dollar sales, is: (Do not round intermediate calculations.) Multiple Choice $1,185,862 $985.862
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