A Firm Has Fixed Operating Costs of $150,000, Total Sales

question 153

Multiple Choice

A firm has fixed operating costs of $150,000, total sales of $1,500,000, and total variable costs of $1,275,000. With this data, the firm's operating breakeven point during the year, in dollars, is

• A) $150,000
• B) $176,471
• C) $1,000,000
• D) $1,425,000

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Definitions:

Reliability

The extent to which a test or other measuring instrument yields consistent results.

Self-report

A method of gathering data in which individuals provide information about themselves, often used in surveys and questionnaires.

Selye's Theory

A concept introduced by Hans Selye that defines stress as a nonspecific response of the body to any demand placed upon it, highlighting stages like alarm, resistance, and exhaustion.

Stress

A physical or emotional response to demands or pressures, which can affect mental and physical well-being.