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Page 6 6. The Birkin Co. has a breakeven point of $100,000. Its fixed costs are $80,000 and its sales price is $10. What is

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Page 6 6. The Birkin Co. has a breakeven point of $100,000. Its fixed costs are $80,000 and its sales price is $10. What is its total contribution margin? $ 10,000 $ 8,000 $ 80,000 $100,000 cannot be determined 17. The following income statement pertains to 2009 Sales $500,000 Variable costs 300.000 200.000 Fixed cost 150,000 Net income S 50.000 What is the breakeven point in dollars)? a. b. c. d. $375,000 $750,000 $250,000 $150,000 $ 0.00 18. In 2009 a company had sales of $25,000; a various cost ratio of 20%; and fixed costs of $10,000. What will be its breakeven point? $ 5,000 $12,500 $20,000 $ 2,000 $ 8,000

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