Assume the Following Information $\begin{array}{lr}\text { Variable cost ratio } & 80 \% \\\text { Total fixed costs } & \$ 60,000\end{array}$

Multiple Choice

Assume the following information: $\begin{array}{lr}\text { Variable cost ratio } & 80 \% \\\text { Total fixed costs } & \$ 60,000\end{array}$ What volume of sales dollars is needed to break even?

A) $12,000
B) $48,000
C) $75,000
D) $300,000