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1 . A firm sells two products. Product R sells for $ 2 0 ; its variable cost is $ 6 . Product S sells

1. A firm sells two products. Product R sells for $20; its variable cost is $6. Product S sells for $50; its variable cost is $30. Product R accounts for 60 percent of the firm's sales, while S accounts for 40 percent. The firm's fixed costs are $4 million annually. Calculate the firm's break-even point.

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