If a business had sales of $3,632,000 and a margin of safety of 20%, the break-even point wasOa. $726,400Ob. $6,537,600Oc. $4,358,400Od. $2,905,600

Breakeven is the point in the cost volume and profit analysis at which an entity is in a situation…

Answered: If a business had sales of $3,632,000…

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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If a business had sales of $3,632,000 and a margin of safety of 20%, the break-even point was Oa. $726,400 Ob. $6,537,600 Oc. $4,358,400 Od. $2,905,600