1. If fixed costs are $750,000 and variable costs are 80% of sales, what is the break-even...
Fantastic news! We've Found the answer you've been seeking!
Question:
1. If fixed costs are $750,000 and variable costs are 80% of sales, what is the break-even point in sales dollars?
a. $937,500
b. $600,000
c. $3,750,000
d. $1,275,000
2. If fixed costs are $700,000 and the unit contribution margin is $14, what amount of units must be sold in order to realize an operating income of $100,000?
a. 5,000
b. 41,667
c. 57,143
d. 58,333
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133255584
4th Edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
Posted Date: