Determining loss with break-even point

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Tarrah Company's variable expenses are 72% of sales. The company's break-even point in sales is $2,450,000. If sales are $60,000 below the break-even point, the company would report a:

a. $43,200 loss.
b. $60,000 loss.
c. $16,800 loss.
d. cannot be determined from the data given.

Reference no: EM139908

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