
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Transcribed Image Text:Initially, the contribution margin for a good is 74.94. If fixed costs are $1191
and an anticipated 588 units are being sold, how much can the price of the
good drop before this business should shut down in the short run (assuming
costs stay the same)?
Answer:
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