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Calculate the breakeven point in chargeable hours

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Reference no: EM132859410

Problem - Foxy Loxy Lawyers discloses the following information:

Fees $400 per hour

Variable office costs $120 per hour

Variable marketing costs 10% of chargeable fee

Fixed costs $600,000 p.a.

Required - Calculate the breakeven point in chargeable hours and dollars respectively?

Reference no: EM132859410

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