(Answered) Calloway cab company computes its break-even point strictly

Economics

Calloway Cab Company computes its break-even point strictly on the basis of cash expenditures related to fixed costs. Its total fixed costs are $470,000, but 15 percent of this value is represented by amortization. Its contribution margin (price minus variable cost) for each unit sold is $4.30. How many units does the firm need to sell to reach the cash break-even point?

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Business Economics, Economics

Category:- Business Economics
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