Essay
Information for Select Team Inc. is as follows:
Sales $700,000
Variable costs $100,000
Fixed costs $200,000
A. Calculate the break-even point in sales dollars.
B. Calculate the sales (in dollars) that are needed to generate an operating income of $100,000.
Correct Answer:
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A. ($700,000 - $100,000) / $700,000 = 85...View Answer
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Correct Answer:
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