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:

Stimulation

The activity of encouraging or arousing interest, excitement, or activity in someone or something.

Myelin Sheath

A fatty layer that encases the axons of many neurons, serving to speed up electrical impulses between nerve cells.

Axon

The long, slender projection of a nerve cell, or neuron, that conducts electrical impulses away from the neuron's cell body.

Neural Impulse

A signal transmitted along a nerve fiber, typically in response to a stimulus, leading to action or communication between different parts of the body.