FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

A product sells for $175 per unit, and its variable costs are 56% of sales. The fixed costs are $492,800. What is the break-even point

A product sells for $175 per unit, and its variable costs are 56% of sales. The fixed costs are $492,800. What is the break-even point in sales dollars? (Do not round intermediate calculations.) Multiple Choice O O $880,000. $2,816. $1,120,000. $492,800. $6,400.
image text in transcribed
A product sells for $175 per unit, and its variable costs are 56% of sales. The fixed costs are $492,800. What is the break-even point in sales dollars? (Do not round intermediate calculations.) Multeple Choice 5880,000 $2,816 $1,120,000 $492,800. $6,400

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image
Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Risk Based Auditing Using ISO 19011 2018 CERM Academy Series On Enterprise Risk Management
Risk Based Auditing Using ISO 19011 2018 CERM Academy Series On Enterprise Risk Management

Authors: Greg Hutchins

1st Edition

1732554501, 978-1732554504

More Books

Students explore these related Accounting questions

Question

Many Canadian universities have traditionally offered an undergraduate degree in liberal arts (the product) to full-time 18- to 22- year-old students (the market). How might such an institution use...

Answered: 3 weeks ago

Question

Identify which of the following are not assets. a. Sony DVD Player ______ b. Accounts Receivable ______ c. Accounts Payable ______ d. Grooming Fees Earned ______

Answered: 3 weeks ago

Question

=+probability that @ next occurs n steps later. Such an & is called a recurrent event. If u, is the probability that & occurs at time n, then (8.53) holds. The recurrent event d is called transient...

Answered: 3 weeks ago

Question

The ledger of Howard Rental Agency on March 31 of the current year includes the selected accounts below before adjusting entries have been prepared. An analysis of the accounts shows the following....

Answered: 3 weeks ago

Question

On March 1, 2024, Gold Examiner receives $148,000 from a local bank and promises to deliver 100 units of certified 1-ounce gold bars on a future date. The contract states that ownership passes to the...

Answered: 3 weeks ago

Question

Research has shown that once professional soccer players achieve a suitable level of muscle strength, they excel by maximizing their flexibility gaining additional overall strength strengthening...

Answered: 3 weeks ago

Question

- 2) Discuss the functionality of PIN BASED security and PUSH BUTTON configuration security solutions in Wireless LAN. marks) (10 3) Define two types of authentication methods addressed by IEEE...

Answered: 3 weeks ago

Question

Suppose that in this time of pandemic, 50% of the population in a certain province had received financial aid. Let X be the number of people who received financial aid in a random sample of size 100....

Answered: 3 weeks ago

Question

Word Problem 17-18 (Algo) [LU 17-1 (2)] Lena Horn bought a Toyota Tundra on January 1 for $26,000 with an estimated life of 4 years. The residual value of the truck is $5,200. Assume a straight-line...

Answered: 3 weeks ago

Question

need question 12 and 13 answered 12. 20 years ago, my dad was riding his bike along a country road and noticed someone dumping garbage on this property. The property was designated to have natural...

Answered: 3 weeks ago

Question

80% of the arrivals to a COVID19 vaccination center pre-register themselves on the COWIN portal before arriving whereas the rest walk in and register at the venue. Pre-registered individuals verify...

Answered: 3 weeks ago

Question

2. A big project requires you to stay late to meet a deadline. You think to yourself: A. This is happening way too much. Ill have to talk to my supervisor about it. B. Oh, well, Ill take off a little...

Answered: 3 weeks ago

Question

5. What are you most likely to do to manage your time at home? A. Organize chores and write to-do lists B. Try to run errands on days off from work or school C. Tackle chores and errands one at a...

Answered: 3 weeks ago

Question

1. Compare two organizations that you belong to or have regular contact with (such as a social organization, a volunteer organization, or a company). What type of management approach does each of...

Answered: 3 weeks ago

Previous Question Next Question