Phoenix Company produces a product that has a selling price of $20.00 and...
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Accounting
Phoenix Company produces a product that has a selling price of $20.00 and a variable cost of $16.00 per unit. The company's fixed costs are $50,000. What is the break-even point measured in sales dollars? $250,000 O $200,000 O $62,500 O $100,000
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