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
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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
![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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fea6fd95d-337a-4518-b73c-8b6207b7f379%2F37a46333-642e-40df-9955-5f3adb21c187%2Fchfeml_processed.jpeg&w=3840&q=75)
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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