Question: Based on the information contained in Table A, determine the break-even point in sales dollars?
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TABLE A
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Average selling price per unit
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$15.00
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Variable cost per unit
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$10.00
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Units sold
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200,000
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Fixed costs
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$450,000
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Interest expense
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$40,000
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[A] $ 950,000
[B] $ 690,000
[C] $1,470,000
[D] $1,350,000