Question: Sales total $200,000 when variable costs total $150,000 and fixed costs total $30,000. The break-even point in sales dollars is Question 22 options: A) $200,000.

Sales total $200,000 when variable costs total $150,000 and fixed costs total $30,000. The break-even point in sales dollars is Question 22 options: A) $200,000. B) $180,000. C) $40,000. D) $120,000. E) $30,000

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!

Advice whether the client can comfortably achieve break-even level of sales based on the firms recent performance and its budgeted level of sales?? PART 6 (A) - BUDGETING 1. INVENTORY BUDGET 2023 Jan...

There are 16 small question in the document please work them all in excel, showing all the work and with formulas. 1. Berk Company produces three products: Tic, Tac, and Toe. Tic requires 280 machine...

Q1 Chiyeyeye Enterprises Ltd sells equestrian boots and has three brands: Riding boots, work boots and casual wear. Looking ahead to the financial year ending 31 st may, 2022, the directors of...

I have sent this three times and no one seems available to answer it. I got charged $5 each time. Attached is the question I need answers. 1. A company operates numerous vending machines in a variety...

A firm manufactures four products that use the same production facilities. The preliminary 2017 budget has been prepared and the details are as follows:- Product A B C D Sales units 1000 1200 1500...

Study the information provided below and answer the following questions: 1.1 If the sales managers proposal is rejected, calculate the total revenues at break-even by using the contribution margin...

Calculate the following from the information given below: 3.1.1 Total marginal income and net profit/loss. (4) 3.1.2 Break-even quantity. (4) 3.1.3 Total marginal income, if the selling price is...

Please check out all the photos. Need answers for all the questions. The company Smart Inc. is a company that produces T-Shirts in Sudbury area. The results of the company, for the past couple of...

The company Smart Inc. is a company that produces T-Shirts in Sudbury area. The results of the company, for the past couple of years, have been presented in the annual financial statement. Sales...

The project also requires an additional investment in new Computers and furniture for a total amount of 500 000$ in the beginning of project. Computers and furniture have no salvage value. At the...

Discriminate between different conflict management styles and describe circumstances in which each may be appropriate.

1. The definition of budget and the different types of budgets that could be used by different departments within the company and their usefulness for different departments. Topic 2: the definition...

45. LO.5, 9 Dread Corporation operates in a high-tax state. The firm asks you for advice on a plan to outsource administrative work done in its home state to independent contractors. This work now...

paraphrase this: To challenge uMhlanga Brokers' legacy business practices effectively, the McKinsey 7 S Framework can be employed in a Stakeholder Collaboration session to scrutinize seven key...

4.89 Develop realistic examples of pairs of random variables for which you would expect to find the following: a. Positive covariance b. Negative covariance c. Zero covariance

4.87 A car salesperson estimates the following probabilities for the number of cars that she will sell in the next week: Number of cars 0 1 2 3 4 5 Probability 0.10 0.20 0.35 0.16 0.12 0.07 a. Find...

4.88 A multiple-choice test has nine questions. For each question there are four possible answers from which to select. One point is awarded for each correct answer, and points are not subtracted for...