Marling Corporation Has Budgeted the Following Data

question 331

Multiple Choice

Marling Corporation has budgeted the following data:
What is the break-even in sales dollars?

• A) $400,000.
• B) $420,000.
• C) $540,000.
• D) $660,000.

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Definitions:

Economies Of Scale

The benefit that larger operations have, which allows them to produce goods or services at a lower unit cost as production scales up.

Demand Schedule

A table that shows the quantity of a good or service that consumers wish to buy at various prices.

Total Revenue

The sum of money a company earns from selling products or offering services over a specific time frame.

Patent

A form of intellectual property protection that grants the patent holder exclusive rights to use, make, sell, and distribute the patented invention or process for a certain period of time.