Solved

If a Business Had Sales of $4,000,000 and a Margin

Question 60

Multiple Choice

If a business had sales of $4,000,000 and a margin of safety of 25%,what was the break-even point?

A) $5,000,000
B) $3,000,000
C) $12,000,000
D) $1,000,000

Related Questions

Q50: If the unit selling price is $40,

Q56: Given the following costs and activity observations

Q57: If fixed costs are $350,000,the unit selling

Q59: For the current year ending April 30,Philip

Q63: If sales amounted to $375,000,variable costs are

Q65: For the past year,Cline Company had fixed

Q87: The fixed cost per unit varies with

Q90: The graph of the variable costs when

Q128: Variable cost per unit remains the same

Q147: Even if a business sells six products,