If a business had sales of $3,886,000 and a margin of safety of 20%, the break-even point wasO a.O b. $777,200a. $6,994,800O c.c.$4,663,200O d. $3,108,800

Break even point :— It is the point of production where total cost is equal to total revenue. At…

Answered: If a business had sales of $3,886,000…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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If a business had sales of $3,886,000 and a margin of safety of 20%, the break-even point was O a. O b. $777,200 O c. c. $4,663,200 O d. $3,108,800 a. $6,994,800