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If a product sells for $22, variable costs are $12 and fixed costs are $300,000,...

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Accounting

If a product sells for $22, variable costs are $12 and fixed costs are $300,000, what would total sales have to be in order to break-even?

Multiple Choice

  • $3,000,000

  • $660,000

  • $300,000

  • $360,000

Answer & Explanation Solved by verified expert
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