A company produces and sells a single product. The selling price of the product is $205.00 per unit and its variable cost is $67.65 per unit. The fixed expense is $391,347 per month. The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $1,185,900 $794,553 $584,100

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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A company produces and sells a single product. The selling price of the product is $205.00 per unit and its variable cost is $67.65 per unit. The fixed
expense is $391,347 per month.
The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.)
Multiple Choice
$1,185,900
$794,553
$584,100
Transcribed Image Text:A company produces and sells a single product. The selling price of the product is $205.00 per unit and its variable cost is $67.65 per unit. The fixed expense is $391,347 per month. The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $1,185,900 $794,553 $584,100
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