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Phoenix Company produces a product that has a selling price of $12.00 and a variable cost of $9.00 per unit. The company's fixed costs are
Phoenix Company produces a product that has a selling price of $12.00 and a variable cost of $9.00 per unit. The company's fixed costs are $60,000. What is the breakeven point measured in sales dollars?
a. | $ 80,000 | |
b. | $120,000 | |
c. | $100,000 | |
d. | $240,000 |
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