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:

Sociobiologists

Scientists who study the biological basis of social behavior across species, including humans.

Polygamous

A mating system in which an individual has multiple partners during the same breeding season.

Monogamous

A relationship or mating system in which an individual has only one partner during their lifetime or at any one time.

Evolutionary Psychologist

A professional who studies how evolutionary theory applies to human behavior, including the psychological traits such as memory, perception, or language as adaptations.