Question
Solen Corporation's break-even-point in sales is $980,000, and its variable expenses are 70% of sales. If the company lost $48,000 last year, sales must have
Solen Corporation's break-even-point in sales is $980,000, and its variable expenses are 70% of sales. If the company lost $48,000 last year, sales must have amounted to:
A. $638,000
B. $884,000
C. $932,000
D. $820,000
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Introduction To Management Accounting Chapters 1 To 14
Authors: Charles T Horngren, Gary L Sundem, William O Stratton, Dave Burgstahler, Jeff Schatzberg
15th Edition
0136102778, 9780136102779
