Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Sales total $430,000 when variable costs total $320,000 and fixed costs total $80,000. The breakeven point in sales dollars is A. $423,077 B. $591,250 C.

image text in transcribed

Sales total $430,000 when variable costs total $320,000 and fixed costs total $80,000. The breakeven point in sales dollars is A. $423,077 B. $591,250 C. $1,230,769 D. $307,692 (Round interim calculations to two decimal places and the final answer to the nearest dollar.)

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

Management Accounting For Business Decisions

Authors: Colin Drury

2nd Edition

1861527705, 978-1861527707

More Books

Students also viewed these Accounting questions

Question

e. What are the programs research and clinical focus areas?

Answered: 1 week ago

Question

What is the use of bootstrap program?

Answered: 1 week ago

Question

Learn about HRM challenges in the textile industry.

Answered: 1 week ago