Question
If fixed costs are $750,000 and variable costs are 60% of sales, what is the break-even point (dollars)? A.) 1,250,000 B.) $300,000 C.) $450,000 D.)
If fixed costs are $750,000 and variable costs are 60% of sales, what is the break-even point (dollars)?
A.) 1,250,000
B.) $300,000
C.) $450,000
D.) $1,875,000
For my answer the first time I got $450,000 and then i did it again and got $1,875,000. Would like to double check to see if it's 1,875,000 and please show work :-)
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Systems Direct Auditing Practice Case IBM Book Workbook And 5.25 Disk
Authors: Dieter Weiss, Gaylord N. Smith
1st Edition
0538809051, 978-0538809054
