Question
Last month Peggy Company had a $38,184 profit on sales of $345,000. Fixed costs are $89,466 a month. What sales revenue is needed for Peggy
Last month Peggy Company had a $38,184 profit on sales of $345,000. Fixed costs are $89,466 a month. What sales revenue is needed for Peggy to break even? (Round your answer to the nearest dollar amount.)
Multiple Choice
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$127,650
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$38,184
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$383,184
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$241,800
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Investments Analysis And Management
Authors: Charles P. Jones, Gerald R. Jensen
14th Edition
1119578078, 978-1119578079
