MacCloud Industries Has Two Divisions-Standard and Premium -What Is the Break-Even Point in Dollars?
A)$115,200
B)$888,889
C)$914,286

question 68

Multiple Choice

MacCloud Industries has two divisions-Standard and Premium.Each division has hundreds of different types of tennis racquets and tennis products.The following information is available: $\begin{array}{lrr}&\text { Standard Division}&\text { Premium Division }&\text {Total }\\\text { Sales } & \$ 400,000 & \$ 600,000&\$1,000,000 \\\text { Variable costs } & 280,000 & 360,000 \\\text { Contribution margin }&\$120,000&\$240,000\\\text { Total fixed costs }&&&\$320,000\end{array}$
-What is the break-even point in dollars?

• A)$115,200
• B)$888,889
• C)$914,286
• D)$941,117

Comprehend the mechanisms of international agreements such as the Concert of Europe in maintaining European stability and balance of power.

Understand the impact and terms of major treaties, including the Treaty of Paris and the reconfiguration of Europe post-Napoleon.

Appreciate the significance of philosophical and economic theories, including liberalism, Utilitarianism, and Adam Smith's laissez-faire economics, on European political thought and policy.

Examine the causes and outcomes of key reforms and legislative changes, including the Reform Act of 1832 and the repeal of the Corn Laws.

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Definitions:

Subsidiary Company

A subsidiary company is one that is controlled by another company, typically referred to as the parent company, through ownership of more than half of the subsidiary’s voting stock.

Equity Method

This accounting technique is used for consolidating the financial statements of a company in which the investing company holds significant influence, but not full control or majority ownership.

Dividends Received

Income received by shareholders when a company distributes a portion of its profits to its stockholders.

Cash Dividends

Payments made by a company out of its profits to its shareholders, distributing cash among them.