Question: Question Content Area If fixed costs are $850,000 and variable costs are 60% of sales, what is the break-even point (dollars)? a.$2,125,000 b.$340,000 c.$1,416,666 d.$3,400,000
-
Question Content Area
If fixed costs are $850,000 and variable costs are 60% of sales, what is the break-even point (dollars)?a.$2,125,000
b.$340,000
c.$1,416,666
d.$3,400,000
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
