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A Proposed 12-Month Project Has Fixed Costs of $3,600,depreciation Expense

Question 7

Multiple Choice

A proposed 12-month project has fixed costs of $3,600,depreciation expense of $1,500,and a sales quantity of 1,300 units.What is the contribution margin if the projected level of sales is the accounting break-even point?


A) $3.92
B) $4.14
C) $4.50
D) $4.80
E) $5.00

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