Based on the Following Data,calculate the Breakeven Point in Dollars

question 67

Multiple Choice

Based on the following data,calculate the breakeven point in dollars: Sales = $400,000
Gross Profit = $100,000
Transportation = $8,000
Cost of Goods Sold = $280,000
Expenses = $10,000
Salary = $40,000

• A) $96,667
• B) $133,333
• C) $166,000
• D) $232,000
• E) Cannot be calculated with the information provided

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Definitions:

Cost Of Underpricing

The financial loss incurred when a product or service is sold for less than its market value or production cost.

Superior Craftsmanship

The exceptional skill and quality applied in the creation or production of goods, often resulting in products of high durability and aesthetic value.

Less Elastic

Describes a demand or supply that shows a relatively smaller response to changes in price compared to others, usually implying a steeper demand/supply curve.

Superior Craftsmanship

refers to the high level of skill and quality in creating or repairing things, especially when the work is done with care and precision.