Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

If fixed costs are $787,000 and variable costs are 67% of sales, what is the break-even point in sales dollars? a. $1,314,290 b. $3,171,848 C.

image text in transcribed
If fixed costs are $787,000 and variable costs are 67% of sales, what is the break-even point in sales dollars? a. $1,314,290 b. $3,171,848 C. $2,384,848 d. $527,290

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

More Books

Students also viewed these Accounting questions

Question

=+ (b) Show that the condition is sufficient as well.

Answered: 1 week ago

Question

How is the NDAA used to shape defense policies indirectly?

Answered: 1 week ago