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Nelson Manufacturing has the following data: -Variable costs

Resolved Question:

Nelson Manufacturing has the following data:
-Variable costs are 60% of the unit selling price.
-The contribution margin ratio is 40%.
-The contribution margin per unit is $500.
-The fixed costs are $450,000.

Which of the following does not express the break-even point?
Answer $450,000 + .60X = X
$450,000 + .40X = X
$450,000 ÷ $500 = X
$450,000 ÷ .40 = X
.
Submitted: 4 years ago.
Category: Homework
Expert:  Sandhya replied 4 years ago.
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