Fixed costs are $900000 and the unit variable costs are 60% of the unit selling price. What is the break-even point in sales dollars? O $600000

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 $900000 and the unit variable costs are 60% of the unit selling price. What is the break-even point in sales dollars?
O$600000
O $1350000
O$2250000
$1500000
Transcribed Image Text:Fixed costs are $900000 and the unit variable costs are 60% of the unit selling price. What is the break-even point in sales dollars? O$600000 O $1350000 O$2250000 $1500000
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