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    Cornerstones of Managerial Accounting Study Set 2
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    Exam 4: Cost-Volume-Profit Analysis: a Managerial Planning Tool
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    Assume the Following Information: Variable Cost Ratio 80
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Assume the Following Information: Variable Cost Ratio 80

Question 30

Question 30

Multiple Choice

Assume the following information: Variable cost ratio 80%
Total fixed costs $60,000
What volume of sales dollars is needed to break even?


A) $12,000
B) $48,000
C) $75,000
D) $300,000

Correct Answer:

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