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X Company, a merchandiser, had the following income statement for 2018: Sales Cost of goods sold Gross margin Other operating expenses Profit $223,333 130,400 $92,933
X Company, a merchandiser, had the following income statement for 2018: Sales Cost of goods sold Gross margin Other operating expenses Profit $223,333 130,400 $92,933 46,400 $46,533 $112,700 of the cost of goods sold were variable, and $28,000 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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