Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

If fixed costs are $780,000 and variable cost are 66% of sales, what is the break-even point in sales dollars? a $ 1,294,800 b $

If fixed costs are $780,000 and variable cost are 66% of sales, what is the break-even point in sales dollars? a $ 1,294,800 b $ 3,074,118 c $ 2,294,118 d $514,800

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

Step: 3

blur-text-image

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

Intermediate accounting

Authors: J. David Spiceland, James Sepe, Mark Nelson

7th edition

978-0077614041, 9780077446475, 77614046, 007744647X, 77647092, 978-0077647094

More Books

Students also viewed these Accounting questions