A Firm Has Fixed Operating Costs of $150,000, Total Sales

question 70

Multiple Choice

A firm has fixed operating costs of $150,000, total sales of $1,500,000, and total variable costs of $1,275,000.With this data, theThe firm's operating breakeven point during the year, in dollars, is

• A)$150,000
• B)$176,471
• C)$1,000,000
• D)$1,425,000

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Definitions:

Research Process

The systematic steps followed to collect and analyze information to increase our understanding of a topic or issue.

Issue of Interest

The specific concern or topic that is being studied or analyzed in a research project.

Independent Variable

The variable in an experiment or study that is manipulated or changed to observe its effect on the dependent variable.

Dependent Variable

A dependent variable is the outcome or response that researchers are interested in explaining or predicting, typically manipulated or influenced by the independent variable.