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Long Company consists of a unit-selling price of $750, variable costs per unit of $400 and fixed costs of $300,000. 

Instructions: 

Part A: find out the break-even point in units. Round the answer up to the next whole unit. 

Part B: find out the break even in dollars. 

Part C: Suppose Long Company sets a target total income goal of $1,200,000. 

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M915966

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