Multiple Choice
Sarafine, Inc. sells a single product for $20. Variable costs are $8 per unit and fixed costs total $120,000 at a volume level of 5,000 units. Assuming that fixed costs do not change, Sarafine's break-even sales would be:
A) $160,000.
B) $200,000.
C) $300,000.
D) $480,000.
E) None of the answers is correct.
Correct Answer:
Verified
Correct Answer:
Verified
Q99: The requirement that companies pay income taxes
Q100: The PowerClean Company manufactures an engine for
Q101: Samuels, Inc. is subject to a 40%
Q102: The management functions of planning, control, and
Q103: The extent to which an organization uses
Q104: McGuire Corporation sells three products: R, S,
Q105: The contribution income statement differs from the
Q106: Which of the following expressions can be
Q107: The break-even point is that level of
Q109: Bargain Town recently reported sales revenues of