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How is the breakeven point computed?
The Break Even Point (BEP) can be computed by using the given relation as follows:
BEP = F / 1-V/P
Here F is fixed cost, P is the selling price of each unit and V is variable cost per unit or total variable cost.
Firms are concerned about the cost of absenteeism (employees either arriving late to work or leaving early from work). When firms tell employees that their pay will be deducted for
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