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

question 69

Multiple Choice

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

• A) $1,875,000
• B) $1,250,000
• C) $1,666,667
• D) $1,350,000

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Definitions:

Depth Of Product Line

The store carries a large assortment of each product item.

Retail Positioning Matrix

A strategic tool used to analyze retail businesses based on two dimensions, usually price and quality, to determine their market positioning.

Quadrant C

A framework or model section typically used in business or strategic planning to categorize information or outcomes.

Differential Markup

Differential markup refers to applying different percentages of markup to various products or services, based on factors like demand, cost, and competition.