Allen inc has a contribution margin of 39 and fixed costs, Financial Accounting

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Allen inc has a contribution margin of 39 and fixed costs

1. Allen, Inc., has a contribution margin of 39% and fixed costs of $201,747. What is the break-even point in sales dollars?

2. A company purchased supplies of $ 8,000 on account. How does this transaction affect the accounting? equation?

3. A company paid $3,400 for supplies that were purchased earlier in the month on account. How does this transaction affect the accounting? equation?

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Financial Accounting: Allen inc has a contribution margin of 39 and fixed costs

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Financial Accounting: Allen inc has a contribution margin of 39 and fixed costs

Reference No:- TGS01694614

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