4. Kent Co.'s operating percentages were as follows: Revenues 100% Cost of goods sold Variable Fixed 50% 10% 60% Gross profit 40% Other operating expenses Variable Fixed Operating income 20% 15% 35%...

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Extracted text: 4. Kent Co.'s operating percentages were as follows: Revenues 100% Cost of goods sold Variable Fixed 50% 10% 60% Gross profit 40% Other operating expenses Variable Fixed Operating income 20% 15% 35% 5% Kent's sales totalled P2 million. At what revenue level would Kent break even? a P1,900,000 b. P1,666,667 c. P1,250,000 d. P883,333