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part 1) A construction company wants to figure their gross sales break-even point. If their fixed overhead is $95,000 and the selling expenses are $150,000,

part 1)

A construction company wants to figure their gross sales break-even point. If their fixed overhead is $95,000 and the selling expenses are $150,000, what is their break-even point if costs of contracts is 60% of sales (revenue)? Select the closest answer.

Group of answer choices

$245,000

$612,000

part 2)

A construction company has a fixed overhead of $100,000 and a variable overhead of 2% of revenue. Historically, construction costs have been 90% of revenue. What is the minimum amount of sales required to break even?

Group of answer choices

$100,000

$1,250,000

8%

None of the available answers

$545,800

$925,395

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