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

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.) Multiple Choice $4078 $693.333 $1,631 $4,078 $693,333 $1.631 $416.000 $1,040,000

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!