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

Question 58

Multiple Choice

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


A) 0.27
B) 0.30
C) 0.33
D) 0.67

Correct Answer:

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