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PART 4: Independent Multiple-Choice Questions Use the below information to answer the following FIVE independent questions (numbered 10 through 14). 10. Signal Company is

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PART 4: Independent Multiple-Choice Questions Use the below information to answer the following FIVE independent questions (numbered 10 through 14). 10. Signal Company is planning to sell 400,000 units for $5 per unit and will just break even at this level of sales. The contribution margin ratio is 40%. What is the amount of total fixed expenses? * $160,000 $800,000 $1,200,000 $2,000,000 None of the above 11. Palm Corporation has sales of $800,000, a contribution margin of $240,000. and a net operating loss of $60,000. What is the break-even point in dollar sales? $240,000 $300,000 $800,000 $1,000,000 None of the above

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