If Fixed Costs Are $750,000 and Variable Costs Are 60

question 184

Multiple Choice

If fixed costs are $750,000 and variable costs are 60% of sales, what is the break-even point in sales dollars?

• A) $1,250,000
• B) $450,000
• C) $1,875,000
• D) $300,000

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Definitions:

Blaming The Victim

A social phenomenon where the victim of a crime or any wrongful act is held entirely or partially responsible for the harm that befell them.

Nonprofit Job Agency

An organization that operates without seeking profit to assist individuals in finding employment, often focusing on those facing barriers to employment.

Taxpayers

Individuals or entities that are required to make payments to a governmental authority based on earned income, property values, or other taxable assets.

Occupational Prestige

The perceived social status or esteem associated with a job or profession.