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ABC, Inc. sells a single product, widget. This year 5 0 0 , 0 0 0 widgets were sold for $ 2 , 5 0

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ABC, Inc. sells a single product, widget. This year 500,000 widgets were sold for $2,500,000 of sales revenue. The company incurred $1,250,000 of variable costs and $1,000,000 of fixed costs.
a. Using the information above, what is the breakeven point for this year?
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