When Fixed Costs Are $70,000 and Variable Costs Are 60

question 79

Multiple Choice

When fixed costs are $70,000 and variable costs are 60% of the selling price, then breakeven sales are ________. (Round the final answer to the nearest dollar.)

• A) $116,667
• B) $175,000
• C) $112,000
• D) $98,000

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Definitions:

Neurosurgeons

Medical specialists focused on the surgical treatment of disorders affecting the nervous system, including the brain and spinal cord.

Left Hemisphere

The left side of the brain, known for controlling language, mathematical tasks, and logic.

Speech

This is the expression of thoughts and feelings through spoken language, a crucial aspect of human communication.

Grammar

The set of structural rules governing the composition of clauses, phrases, and words in any given natural language.