What is the minimum amount of sales, Financial Accounting

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What is the minimum amount of sales

Response to the following problem:

A construction company has a fixed overhead of $60,000 and a variable overhead of 2.5% of revenue. Historically, construction costs have been 88% of revenue. What is the minimum amount of sales that are required to break even?

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Financial Accounting: What is the minimum amount of sales

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Financial Accounting: What is the minimum amount of sales

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