KR Sales Had $1,200,000 in Sales Last Month

question 20

Multiple Choice

KR Sales had $1,200,000 in sales last month.The variable cost ratio was 60% and operating profits were $80,000.What is KR's break-even sales volume?

• A)$800,000.
• B)$1,000,000.
• C)$1,200,000.
• D)$2,000,000.

---

Definitions:

Confidence Interval

A confidence interval is a range of values, derived from statistical analysis, that is likely to contain the value of an unknown population parameter.

Maximum Oxygen Uptake

The maximum rate at which an individual can use oxygen during intense or maximal exercise, reflecting physical fitness.

Normal Distribution

A probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean. Also known as a bell curve.

Physical Fitness

The ability to perform aspects of sports, occupations, and daily activities without undue fatigue.