A Firm Has Fixed Operating Costs of $150,000,total Sales of $1,500,000,and

question 110

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.The firm's operating breakeven point in dollars is

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

---

Definitions:

Magazines

Periodical publications containing a variety of articles, stories, and advertisements, typically focused on specific interests.

Newspapers

Publications containing written information on current events, features, analysis, and advertising, usually printed on cheap paper and distributed daily or weekly.

Data Reduction

The process of reducing “raw” data to a simpler form by using, for example, summary statistics, tables, or graphs.

Raw Data

This term refers to unprocessed data collected directly from sources, which has not yet been cleaned, sorted, or analyzed.