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Calculate the breakeven point in terms of sales dollars

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Reference no: EM132955683

Problem 1: Peter Medical Supply is a retailer of home medical equipment. Last? year, ?Peter's sales revenues totaled $6,300,000. Total expenses were $2,200,000. Of this? amount, approximately $1,260,000 were? variable, while the remainder were fixed. Since ?Peter's offers thousands of different? products, its managers prefer to calculate the breakeven point in terms of sales dollars rather than units.

Reference no: EM132955683

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