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Calculate break-even point in dollars

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Reference no: EM131793833

PQR company sells two products. The total fixed expenses of the company are 1,197,000. The monthly data of PQR is as follows:

Products
Product A Product B Total
Sales $1,400,000 $600,000 $2,000,000
Contribution margin ratio 60% 70% ?

Required:

  1. Prepare contribution margin income statement for the company.
  2. Calculate break-even point in dollars.

Reference no: EM131793833

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