Multiple Choice
A firm has fixed costs of $1.2 million and depreciation of $1 million. At a sales level of $3.6 million, the variable costs of $2.304 million. What is the accounting break-even level of sales?
A) $5.23 million
B) $3.44 million
C) $6.11 million
D) $4.87 million
Correct Answer:
Verified
Correct Answer:
Verified
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