Ace Corporation's Variable Costs Are Equal to 43% of Sales

question 45

Multiple Choice

Ace Corporation's variable costs are equal to 43% of sales revenue. Their fixed costs per month are $600,000. Calculate total revenue at the break-even point.

• A) $1,395,349
• B) $858,000
• C) $942,000
• D) $1,052,632
• E) $1,355,400

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Definitions:

Gigabytes

A unit of digital information storage equal to 1,024 megabytes, often used to measure the capacity of memory or storage devices.

Cache Memory Levels

Refers to a hierarchy of cache storage that improves data access time by storing frequently used data in quick to access memory layers.

Proximity

The state or condition of being close or near; in technology, it often relates to the detection of and response to nearby objects or signals.

Machine Cycle

The series of steps a central processing unit goes through when it performs a program instruction.