o breakeven

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter16: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 35P
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Essex Inc. had sales last year of $80,000, a contribution margin of $12,000 and net income of
$3,000. The company sold 8,000 units last year. Based on this information, how many units does
Essex need to sell to breakeven?
4,200
6,000
O 4,000
O 7,200
None of the above
Transcribed Image Text:Essex Inc. had sales last year of $80,000, a contribution margin of $12,000 and net income of $3,000. The company sold 8,000 units last year. Based on this information, how many units does Essex need to sell to breakeven? 4,200 6,000 O 4,000 O 7,200 None of the above
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