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7/2/20

[Answer] At the beginning of January Kesia Records paid $148 950 to acquire the exclusive rights to a new album. It costs them $1.13 to print a copy of this album which they can sell for $9.75. The following chart shows the sales of that record along with the overhead expenses of running a record studio not counting production costs.Month Albums Sold ExpensesJan. 5 486 $27 714Feb. 8 191 $21 689Mar. 4 796 $25 195Apr. 7 490 $28 766May 6 272 $24 604Jun. 5 131 $29 040 In whch month did Kesia Records first break even?a. Januaryb. Marchc. Aprild. May

Answer: d. May




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At the beginning of January Kesia Records paid $148 950 to acquire the exclusive rights to a new album. It costs them $1.13 to print a copy of this album which they can sell for $9.75. The following chart shows the sales of that record along with the overhead expenses of running a record studio not counting production costs.Month Albums Sold ExpensesJan. 5 486 $27 714Feb. 8 191 $21 689Mar. 4 796 $25 195Apr. 7 490 $28 766May 6 272 $24 604Jun. 5 131 $29 040 In whch month did Kesia Records first break even?a. Januaryb. Marchc. Aprild. May At the beginning of January Kesia Records paid $148 950 to acquire the exclusive rights to a new album . It costs them $1.13 to print a copy of this album which they can sell for $9.75 . The following chart shows the sales of that record along with the overhead expenses of running a record studio not counting production costs . At the beginning of January Kesia Records paid $148 950 to acquire the exclusive rights to a new album . It costs them $1.13 to print a copy of this album which they can sell for $9.75 . The following chart shows the sales of that record along with the overhead expenses of running a record studio not counting production costs. Month Albums Sold At the beginning of January Kesia Records paid $148 950 to acquire the exclusive rights to a new album . It costs them $1.13 to print a copy of this album which they can sell for $9.75 . The following chart shows the sales of that record along with the overhead expenses of running a record studio not counting production costs. Month Albums Sold Exercise 9-22 The records of Ellen’s Boutique report the following data for the month of April. Sales revenue $99 000 Purchases (at cost) $48 000 Sales returns 2 000 Purchases (at sales price) 88 000 Markups 10 000 Purchase returns (at cost) 2 000 Markup cancellations 1 ...


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