Answered: Fixed costs are $600,000 and the…

Fixed costs are $600,000 and the variable costs are 75% of the unit selling price. What is the break-even point in dollars? $1,400,000 $1,800,000 $2,400,000 $800,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Fixed costs are $600,000 and the variable costs are 75% of the unit selling price. What is the break-even point in dollars?

$1,400,000
$1,800,000
$2,400,000
$800,000

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