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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

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.

.

Using the information above, what is the breakeven point for this year?

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