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What is the company break-even in amount or sales

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Reference no: EM132797396

The following is ABC Company's Income Statement for last month:

Sales P4,000,000;

Variable expenses P2,800,000;

Contribution margin P1,200,000;

Fixed expenses P720,000;

Net income P480,000.

The company has no beginning or ending inventories. A total of 80,000 units were produced and sold.

Problem 1: What is the company's break-even in amount or sales?

Reference no: EM132797396

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