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Hollis Company sells a single product for $20 per unit. The company's fixed expenses total $240,000 per year, and variable expenses are $12 per unit of product. The company's break-even point is:

1. 12,000 units

2. 20,000 units

3. $600,000

4. $400,000

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M994432

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