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Variable Cost Ratio and Profit The Equality Company is now breaking even at sales of...

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Accounting

Variable Cost Ratio and Profit

The Equality Company is now breaking even at sales of $400,000. The company has a total fixed cost of $150,000. The company's budgeted sales for next period are $600,000. What profit can the company expect for the next period?

A walkthrough on how exactly to find the next period profit would be super helpful; not sure how to get started here. Thanks!

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