Managerial Accounting
Managerial Accounting
15th Edition
ISBN: 9781337912020
Author: Carl Warren, Ph.d. Cma William B. Tayler
Publisher: South-Western College Pub
Bartleby Related Questions Icon

Related questions

Question

Give me true calculation of this accounting question

Saby Corporation's break-even point in
sales is $950,000, and its variable
expenses are 70% of sales. If the
company lost $45,000 last year, sales
must have amounted to:
a. $905,000
b. $860,000
c. $800,000
d. $620,000
expand button
Transcribed Image Text:Saby Corporation's break-even point in sales is $950,000, and its variable expenses are 70% of sales. If the company lost $45,000 last year, sales must have amounted to: a. $905,000 b. $860,000 c. $800,000 d. $620,000
Expert Solution
Check Mark
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Managerial Accounting
Accounting
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:South-Western College Pub
Text book image
Intermediate Financial Management (MindTap Course...
Finance
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Cengage Learning