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    Financial and Managerial Accounting Study Set 1
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    Exam 18: Cost Behavior and Cost-Volume-Profit Analysis
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    Mason Company Manufactures and Sells Shoelaces for $2
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Mason Company Manufactures and Sells Shoelaces for $2

Question 120

Question 120

Multiple Choice

Mason Company manufactures and sells shoelaces for $2.00 per pair.Its variable cost per unit is $1.70.Mason's total fixed costs are $10,500.How many pairs must Mason sell to break even?


A) 5,250.
B) 6,176.
C) 35,000.
D) 52,500.
E) 61,760.

Correct Answer:

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