Reference: 08-03
McGordon Corporation Has Provided the Following Data -The Break-Even Point in Sales Dollars Is?
A)$240,000

question 70

Multiple Choice

Reference: 08-03
McGordon Corporation has provided the following data: $$\begin{array} { | l | l | } \hline \text { Sales } & \$ 800,000 \\\hline \text { Variable expenses } & 560,000 \\\hline \text { Fixed expenses } & 168,000 \\\hline\end{array}$$
-The break-even point in sales dollars is?

• A)$240,000.
• B)$560,000.
• C)$408,000.
• D)$728,000.

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Definitions:

Linear Programming

A mathematical method for determining a way to achieve the best outcome, such as maximum profit or lowest cost, in a given mathematical model for some list of requirements represented as linear relationships.

Open System

An entity or process that interacts with its environment by exchanging information, material, or energy.

Outputs

The ultimate outputs, whether products, services or outcomes, produced by a system, process, or organization.

Supplies

Materials, equipment, or other items required for the operation of a business or the completion of a task.