Solved

Everclean Company Cleans Draperies

Question 66

Multiple Choice

Everclean Company cleans draperies. It charges $75 to clean a full-size drape, and its variable and fixed costs are $45 per drape and $8,000 per year, respectively. Given this data, approximately how many drapes must the company clean to break even?


A) 134
B) 267
C) 300
D) 320

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q61: A company's break-even point would change if

Q62: As fixed costs increase, the break-even point

Q63: Exhibit 21-3 The following partial income statement

Q64: If total costs are $27,000 and $36,000

Q65: When the variable cost ratio decreases, the:<br>A)

Q67: Stanley Company manufactures and sells one product

Q68: Exhibit 21-6 The graph below illustrates various

Q69: Which of the following costs would LEAST

Q70: XYZ Company generally produces between 200 and

Q71: Operating leverage is:<br>A) The proportion of total