Question: A product sells for $255 per unit, and its variable costs are 60% of sales. The fixed costs are $416,000. What is the break-even point

A product sells for $255 per unit, and its variable costs are 60% of sales. The fixed costs are $416,000. What is the break-even point in sales dollars? Note: Do not round intermediate calculations. Multiple Choice $416,000. $1,631. $4,078. $1,040,000. $693,333

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

16. a. A product sells for $255 per unit, and its variable costs are 60% of sales. The fixed costs are $416,000. What is the break-even point in sales dollars? b. c. Barclay Enterprises manufactures...

A product sells for $255 per unit, and its variable costs are 60% of sales. The fixed costs are $416,000. What is the break-even point in sales dollars? (Do not round intermediate calculations.) 2:10...

A product sells for $255 per unit, and its variable costs are 60% of sales. The fixed costs are $416,000 What is the break-even point in sales dollars? (Do not round Intermediate calculations.)...

A product sells for $205 per unit, and its variable costs are 60% of sales. The fixed costs are $464,000. What is the break-even point in sales dollars? (Do not round intermediate calculations.)...

A product sells for $210 per unit, and its variable costs are 60% of sales. The fixed costs are $408,000. What is the break-even point in sales dollars? (Do not round intermediate calculations.)...

A product sells for $205 per unit, and its variable costs are 60% of sales. The fixed costs are $464,000. What is the break-even point in sales dollars? (Do not round intermediate calculations.)

A product sells for $135 per unit, and its variable costs are 60% of sales. The fixed costs are $428,000. What is the break-even point in sales dollars? (Do not round intermediate calculations.)

A product sells for $100 per unit, and its variable costs are 63% of sales. The fixed costs are $440,300. What is the break-even point in sales dollars? (Do not round intermediate calculations.)...

1.) A product sells for $200 per unit, and its variable costs are 61% of sales. The fixed costs are $456,300. What is the break-even point in sales dollars? (Do not round intermediate calculations.)...

A product sells for $175 per unit, and its variable costs are 56% of sales. The fixed costs are $492,800. What is the break-even point in sales dollars? (Do not round intermediate calculations.)...

Explain B-tree.

True or False: 1. Financial institutions can create money by making loans. 2. If you go into a bank and borrow $1,000, the bank probably will simply add $1,000 to your checking account at the bank,...

Which of the following is included for coverage under personal property of the homeowners policy? a . A Learjet airplane b . A licensed Honda motorcycle c . A Shimano racing bicycle d . A...

Pharoah Company reported the following amounts for 2022: Raw materials purchased $95,200 Beginning raw materials inventory 5,824 Ending raw materials inventory 5,040 Beginning finished goods...