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Mason Company manufactures and sells shoelaces for $3.90 per pair. Its variable cost per unit is $3.50. Mason's total fixed costs are $12,400. How many pairs must Mason sell to break even? Multiple Choice O O O 3,179. 3,543. 31,000. 31,795. 35,430.

Mason Company manufactures and sells shoelaces for $3.90 per pair. Its variable cost per unit is $3.50. Mason's total fixed costs are $12,400. How many pairs must Mason sell to break even? Multiple Choice O O O 3,179. 3,543. 31,000. 31,795. 35,430.

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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Mason Company manufactures and sells shoelaces for $3.90 per pair. Its variable cost per unit is $3.50. Mason's total fixed costs are $12,400. How many pairs must Mason sell to break even? Multiple Choice O 3,179. 3,543. 31,000. 31,795. 35,430.
Transcribed Image Text:Mason Company manufactures and sells shoelaces for $3.90 per pair. Its variable cost per unit is $3.50. Mason's total fixed costs are $12,400. How many pairs must Mason sell to break even? Multiple Choice O 3,179. 3,543. 31,000. 31,795. 35,430.
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