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XYZ Company sells only one product at a regular price of GH 7.50 per unit. Variable expenses are 60% of sales and fixed expenses are
XYZ Company sells only one product at a regular price of GH 7.50 per unit. Variable expenses are 60% of sales and fixed expenses are GH 30,000. Management has decided to decrease the selling price to GH 6.00 in hopes of increasing its volume of sales. What is the sales cedis level required to break even at the old price of GH 7.50?
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