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44. The common-size income statement for SB Company is presented below Revenues Php750,000 Cost of sales Variable 20% Fixed 40% Total 60% Gross profit 40%

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44. The common-size income statement for SB Company is presented below Revenues Php750,000 Cost of sales Variable 20% Fixed 40% Total 60% Gross profit 40% Operating expenses Variable 5% Fixed 20% Total 25% Operating income 15% Determine the revenue needed to breakeven

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