FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Hello tutor please solve this question general accounting

Solen Corporation's break-even point in sales is $900,000, and its
variable expenses are 75% of sales. If the company lost $40,000 last
year, sales must have amounted to:
a. $635,000
b. $860,000
c. $820,000
d. $740,000
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Transcribed Image Text:Solen Corporation's break-even point in sales is $900,000, and its variable expenses are 75% of sales. If the company lost $40,000 last year, sales must have amounted to: a. $635,000 b. $860,000 c. $820,000 d. $740,000
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