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The following information relates to a company, which produces a single product. Direct labour per unit $ 22 Direct materials per unit $ 12 Variable

The following information relates to a company, which produces a single product. Direct labour per unit $ 22 Direct materials per unit $ 12 Variable overheads per unit $ 6 Fixed costs $ 400,000 Selling price per unit $ 60 1. Define the term 'break-even'. 2. Determine the break-even point in terms of sales revenue and output

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