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Requirements 1 and 2. determine the formula used to calculate the breakeven point, then enter the amounts in the formula to calculate the number of concerts needed in order to break even under the scenarios presented in requirement 1 and requirement 2. (abbreviations used: cm = contribution margin, var. = variable) ( - ) / = concerts needed to break even
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Requirements 1 and 2. determine the formula used to calculate the breakeven point, then enter the am...
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