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Managerial Accounting

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Breakeven in Telescopes

MGRACT-9UPXEZ

Scientek manufactures telescopes for sale. Each telescope sells for \$600. The contribution margin ratio is 36%, and the annual fixed costs are \$580,000. How many telescopes must be sold to breakeven?

A

1,510

B

2,000

C

2,685

D

3,000