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Derst Incorporated Sells a Particular Textbook for $25

Question 352

Multiple Choice

Derst Incorporated sells a particular textbook for $25. Variable expenses are $13 per book. At the current volume of 42,000 books sold per year the company is just breaking even. Given these data, the annual fixed expenses associated with the textbook total:


A) $504,000
B) $1,050,000
C) $1,554,000
D) $546,000

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