Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Hulk Enterprise manufactures brake pads. The firms revenue for this past year was $12 million while its fixed expenses were $2.5 million. Variable costs were

  1. Hulk Enterprise manufactures brake pads. The firms revenue for this past year was $12 million while its fixed expenses were $2.5 million. Variable costs were 30% of the firms revenue. What is the firms break-even point in dollars? Please round to the nearest dollar

    $3,571,429

    $4,284,896

    $3,758,195

    $2,054,795

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

The Cyber Attack Survival Manual

Authors: Heather Vescent ,Nick Selby

1st Edition

1681886545, 978-1681886541

More Books

Students also viewed these Finance questions

Question

List the five criteria for systems project selection.

Answered: 1 week ago

Question

what is Edward Lemieux effect / Anomeric effect ?

Answered: 1 week ago

Question

Define Management by exception

Answered: 1 week ago

Question

Explain the importance of staffing in business organisations

Answered: 1 week ago