Company X sold 10,000 units for $400,000. At this level, the total costs were $200,000, of which 40% is fixed costs. Calculate the breakeven point sales in ($) value. (rounded to the nearest ($) value) O a. 266,667 ОБ. 200,000 O. Cannot be determined O d. 114,286 O e. 160,000

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Company X sold 10,000 units for $400,000. At this level, the total costs were $200,000, of which 40% is fixed costs. Calculate the
breakeven point sales in ($) value. (rounded to the nearest ($) value)
O a. 266,667
O b. 200,000
O c. Cannot be determined
O d. 114,286
O e. 160,000
Transcribed Image Text:Company X sold 10,000 units for $400,000. At this level, the total costs were $200,000, of which 40% is fixed costs. Calculate the breakeven point sales in ($) value. (rounded to the nearest ($) value) O a. 266,667 O b. 200,000 O c. Cannot be determined O d. 114,286 O e. 160,000
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