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Author Question: Fixed costs are $600,000 and the variable costs are 75% of the unit selling price. What is the ... (Read 65 times)

knightj

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Question 1

A company has total fixed costs of $200,000 and a contribution margin ratio of 20%. The total sales necessary to break even are
◦ $250,000.
◦ $240,000.
◦ $800,000.
◦ $1,000,000.

Question 2

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


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Marked as best answer by knightj on Feb 5, 2023

Hamad

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knightj

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Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review


meganmoser117

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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