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Calloway Cab Company determines its break even point strictly on the basis of cash expenditures related to fixed costs Its total fixed costs are $400000 but 20 percent of this value is represented

Calloway Cab Company determines its break-even point strictly on the basis of cash expenditures related to fixed costs. Its total fixed costs are $400,000, but 20 percent of this value is represented by depreciation. Its contribution margin (price minus variable cost) for each unit is $3.60. How many units does the firm need to sell to reach the cash break-even point?

Apr 23 2020 View more View Less

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