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Can you answer problem 2 as well? Thank you.

Can you answer problem 2 as well? Thank you.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Can you answer problem 2 as well? Thank you.

Expert Solution
Step 1

Break even sales is the point of sale where is no profit no loss situation. It means at break even point total sales revenue is equal to total cost. 

Formula (units) 

Fixed cost/ contribution per unit

 

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