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The following information for a company is given: Fixed cost per month $2,500 Unit selling price $ 100 Variable cost as a percentage of sales
The following information for a company is given:
Fixed cost per month | $2,500 |
Unit selling price | $ 100 |
Variable cost as a percentage of sales | 60% |
What amount of annual sales must the company achieve to break even?
A- $100,000
B- $75,000
C-$50,000
D-$30,000
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