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Business, 14.07.2020 14:01 lilquongohard
Assume a local Cost Cutters provides cuts, perms, and hairstyling services. Annual fixed costs are $120,000, and variable costs are 50 percent of sales revenue. Last year's revenues totaled $270,000. (a) Determine its break-even point in sales dollars. $Answer (b) Determine last year's margin of safety in sales dollars. $Answer (c) Determine the sales volume required for an annual profit of $90,000. $Answer
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Assume a local Cost Cutters provides cuts, perms, and hairstyling services. Annual fixed costs are $...
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