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Managerial Accounting

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Calculating Breakeven in Units for GRX-2

MGRACT-QQBAKN

How many units of Product GRX-2 must be sold to breakeven if the suggested retail selling price is \$25, the contribution margin ratio is 30% and annual fixed costs are \$40,000?

A

$5,333

B

$133,333

C

$1,600

D

$12,000