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QUESTION 19 The records of the Dodge Corporation show the following results for the most recent year: Sales @ 10,000 units: $456,000 Variable expenses @
QUESTION 19 The records of the Dodge Corporation show the following results for the most recent year: Sales @ 10,000 units: $456,000 Variable expenses @ 10,000 units: $254,000 Net Operating income @ 10,000 units: $45,000 Given these data, the per unit contribution margin was: $15.70 $20.20 $202,000 $24.70 QUESTION 20 Which of the following is a correct definition of the break-even point? The point where income equals zero. The point where variable costs are covered but fixed costs are not The point where fixed costs are covered but where variable costs are not The point where the number of units produced equals fixed cost per unit
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