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X Company, a merchandiser, had the following income statement for 2018: Sales $132,303 Cost of goods sold 134,270 Gross margin $78,033 Other operating expenses 48,804

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X Company, a merchandiser, had the following income statement for 2018: Sales $132,303 Cost of goods sold 134,270 Gross margin $78,033 Other operating expenses 48,804 Profit $49,229 $115, 170 of the cost of goods sold were variable, and $33,504 of the other operating expenses were variable. If cost behavior in 2019 is expected to continue as it did in 2018, what must total sales be in 2019 in order for X Company to break even? Submit Answer Tries 0/3

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