How much is the total variable costs at break-even point

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Problem 1: Given a selling price of P80 per unit, contribution margin ratio of 30% and a fixed costs of P240,000, how much is the total variable costs at the break-even point?

Option 1: P240,000

Option 2: P560,000

Option 3: P320,000

Option 4: P400,000

Reference no: EM132746657

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