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Accounting

Problem:

Wyly Inc. produces and sells a single product. The selling price of the product is $170.00 per unit and its variable cost is $62.90 per unit. The fixed expense is $356,643 per month.

Required:

The break-even in monthly dollar sales is closest to:

a. $963,900

b. $628,881

c. $566,100

d. $356,643

Note: Be sure to show how you arrived at your answer.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91163908

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