If Fixed Costs Are $750,000 and Variable Costs Are 60

question 184

Multiple Choice

If fixed costs are $750,000 and variable costs are 60% of sales, what is the break-even point in sales dollars?

• A) $1,250,000
• B) $450,000
• C) $1,875,000
• D) $300,000

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Definitions:

Taft-Hartley Act

A 1947 federal law in the United States that restricts the activities and power of labor unions.

Landrum-Griffin Act

United States federal legislation that regulates labor unions, addressing their governance, financial practices, and the rights of union members.

Protected Class

Groups of people who are legally protected from discrimination on the basis of characteristics such as race, gender, age, disability, and sexual orientation.

Title VII

The section of the Civil Rights Act of 1964 that prohibits employment discrimination based on race, color, religion, sex, or national origin.