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break-even point? (F

break-even point? (F

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Adamson, Inc. manufactures CPAP machines for use by individuals having sleep apnea. The company has fixed costs of $122,000 and variable costs of 80% of its unit selling price. The selling price of each machine is $910. What amount of revenue will be generated at the break-even point? (Round to the nearest whole dollar, e.g., $123.) O $610,000 O $24,400 $97,600 $152,500
Transcribed Image Text:Adamson, Inc. manufactures CPAP machines for use by individuals having sleep apnea. The company has fixed costs of $122,000 and variable costs of 80% of its unit selling price. The selling price of each machine is $910. What amount of revenue will be generated at the break-even point? (Round to the nearest whole dollar, e.g., $123.) O $610,000 O $24,400 $97,600 $152,500
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