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Suppose Cape Cod Railway's total revenues are $4, 900,000, its variable costs are $2, 900,000, and its fixed costs are $1, 300,000. Compute the breakeven
Suppose Cape Cod Railway's total revenues are $4, 900,000, its variable costs are $2, 900,000, and its fixed costs are $1, 300,000. Compute the breakeven point in dollars. (Round the contribution margin ratio to the nearest whole percentage.) $410,000 $4, 200,000 $3, 170, 732 $4, 900,000
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