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:

U.S. Dollars

The currency unit used in the United States, known for being the world's primary reserve currency.

Merchandise

Products or goods that are available for sale in retail or wholesale markets.

British Pound

The currency of the United Kingdom, often symbolized as GBP (£), which is one of the world's major currencies.

U.S. Dollar

The United States' official monetary unit, extensively utilized as a benchmark for trade in global markets.