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William's Steel Parts produces parts for the automobile industry. The company has monthly fixed expenses of $ 6 0 0 , 0 0 0 and

William's Steel Parts produces parts for the automobile industry. The company has monthly fixed expenses of $

600, 000

and a contribution margin of

95 %

of revenues.

Read the requirements

Requirement

1 .

Compute William's Steel Parts' monthly breakeven sales in dollars.

Begin by identifying the formula.

(

Operating income

Fixed expenses

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