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Breakeven analysis is a method used to determine the value of a given input variable (e.g. volume, costs, price) that is required to achieve

 

Breakeven analysis is a method used to determine the value of a given input variable (e.g. volume, costs, price) that is required to achieve some minimum desired profit. For instance, a lab may run breakeven analysis to see how many tests it has to run to fully cover its fixed and variable costs. True O False

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