Sales Total $200,000 When Variable Costs Total $150,000 and Fixed

question 52

Multiple Choice

Sales total $200,000 when variable costs total $150,000 and fixed costs total $30,000.The break-even point in sales dollars is

• A)$200,000.
• B)$120,000.
• C)$40,000.
• D)$30,000.
• E)$180,000.

---

Definitions:

Wage Rate

The amount of money paid to an employee per unit of time or per task performed, often expressed as an hourly rate.

Budget Equation

A mathematical representation summarizing the balance between an individual's or organization's income and expenditures.

Leisure

Free time available to a person away from duties, work, or other compulsory activities.

Nonlabor Income

Income received that does not originate from employment or work efforts, such as dividends, interest, or rental income.