Solved: Annual fixed costs are 24000 if rambles sells 10 units less, Accounting Basics

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Annual fixed costs are 24000 if rambles sells 10 units less

Question - Randy's tire land makes a product that sells for $70 per unit and has $42 per unit in variable costs. Annual fixed costs are $24,000. If Rambles sells 10 units less than breakeven, how much loss would the company recognize n its income statement?

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Accounting Basics: Annual fixed costs are 24000 if rambles sells 10 units less

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Accounting Basics: Annual fixed costs are 24000 if rambles sells 10 units less

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