Question: If fixed costs are $780,000 and variable cost are 66% of sales, what is the break-even point in sales dollars? a $ 1,294,800 b $

If fixed costs are $780,000 and variable cost are 66% of sales, what is the break-even point in sales dollars?

a $ 1,294,800

b $ 3,074,118

c $ 2,294,118

d $514,800

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!

Q:

The company will be developing a payroll system using the SDLC. Currently, the project is in Phase 1 ("Definition"). Because it has yet to be determined if an Orange County location will be opened,...

Q:

1. A business borrowed $200 000 from GT Finance. The effect of this transaction on the accounting equation is: A. decrease loan from GT Finance $200 000; decrease cash $200 000. B. increase loan from...

Q:

Problem 19-2B THIS is your "Bob Homework" . Prob 19-2B & Prob 19-3B (a) - ALL FRUTE COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2016 These problems are NOT in your...

Q:

I am having a difficult time and I have another one and I am almost done with the class in 2 week Chapter 9: Discussion Questions (Pg 404-405) 2. What are some of the purposes of budgeting? 4....

Q:

I am having a difficult time and I have another one and I am almost done with the class in 2 week Chapter 9: Discussion Questions (Pg 404-405) 2. What are some of the purposes of budgeting? 4....

Q:

I am having a difficult time and I have another one and I am almost done with the class in 2 week Chapter 9: Discussion Questions (Pg 404-405) 2. What are some of the purposes of budgeting? 4....

Q:

I am having a difficult time and I have another one and I am almost done with the class in 2 week Chapter 9: Discussion Questions (Pg 404-405) 2. What are some of the purposes of budgeting? 4....

Q:

CVP Modeling project The purpose of this project is to give you experience creating a multiproduct profitability analysis that can be used to determine the effects of changing business conditions on...

Q:

#3 HW need help solving 1&2 please Required information [The following information applies to the questions displayed below.] Hudson Company reports the following contribution margin income...

Q:

Sandy Bank, Inc., makes one model of wooden canoe. Partial information for it follows Required 1. Complete the following table. (Round your "Cost per Unit" answers to 2 decimal places.) Number of...

Q:

I See The Light Projected Income Statement For the Period Ending December 31, 20x1 $1,125,000.00 750,000.00 $ 375,000.00 Sales 25,000 lamps @ $45.00 Cost of Goods Sold @ $30.00 Gross Profit Seling...

Q:

Dash plc, a property development and investment company, is considering purchasing a disused airfield site to develop as a retail park. The purchase price of the land is 2.3 million. Dash would need...

Q:

Solve the initial value problem for t>-1 with y(0) = 20. Put the problem in standard form. Then find the integrating factor, p(t) = and finally find y(t) = D (t+1) 1.6 dy 8(t+1) d - 5y = 15t,

Q:

The cash surrender value of life insurance policies is usually classified as which of the following? A Current assets B Noncurrent assets C Current liabilities D Noncurrent liabilities

Q:

4 5 7 8 Irish Pub Staffing Total number of servers Revenue @ $600 per server $ 2,400.00 Wages @$96.00 per server $ 384.00 Beverage Cost @ 25% $ 600.00 Revenue remaining after wages and beverage costs...