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Vintage Wines Has Fixed Costs of $20000 Per Year

Question 160

Multiple Choice

Vintage Wines has fixed costs of $20000 per year. Its warehouse sells wine with variable costs of 80% of its unit selling price. How much in sales does Vintage need to break even per year?


A) $16000
B) $4000
C) $25000
D) $100000

Correct Answer:

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