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    Principles of Accounting Study Set 1
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    Exam 21: Cost-Volume-Profit Analysis
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    If Fixed Costs Are $24,000,variable Costs Are $25 Per Unit,and
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If Fixed Costs Are $24,000,variable Costs Are $25 Per Unit,and

Question 131

Question 131

True/False

If fixed costs are $24,000,variable costs are $25 per unit,and the product sells for $45,the total contribution margin at the breakeven point is $24,000.

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