Fixed costs are $300000 and the variable costs are 75% of the unit selling price. What is the break-even point in dollars? $900000 O $700000 O $400000 $1200000 o Oo o

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter16: Capital Structure Decisions
Section: Chapter Questions
Problem 1P
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Fixed costs are $300000 and the variable costs are 75% of
the unit selling price. What is the break-even point in
dollars?
$900000
O $700000
O $400000
$1200000
o Oo o
Transcribed Image Text:Fixed costs are $300000 and the variable costs are 75% of the unit selling price. What is the break-even point in dollars? $900000 O $700000 O $400000 $1200000 o Oo o
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