Wednesday, 7 August 2013

If fixed costs are $850,000 and variable costs are 70% of sales, what is the break-even point (in dollars)? a. $2,550,000 b. $1,983,333 c. $1,214,286 d. $2,833,333

If fixed costs are $850,000 and variable costs are 70% of sales, what is the break-even point (in dollars)?
                a.            $2,550,000         
                b.            $1,983,333         
                c.             $1,214,286         
                d.            $2,833,333         
Answer
$1,214,286

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