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Last Year, Beth's Baked Goods Exactly Broke Even with Cash

Question 40

Multiple Choice

Last year, Beth's Baked Goods exactly broke even with cash fixed costs of $63,000. If its breakeven survival revenue level was $94,000, what was its variable cost revenue ratio VCRR) ?


A) .27
B) .30
C) .33
D) .67

Correct Answer:

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