Please provide accounting Saby Corporation's break-even point insales is $950,000, and its variableexpenses are 70% of sales. If thecompany lost $45,000 last year, salesmust have amounted to:a. $905,000b. $860,000c. $800,000d. $620,000

Step 1: Define Cost-Volume-Profit (CVP) AnalysisThe CVP analysis is handy in figuring out the costs…

Answered: Saby Corporation's break-even point in…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter6: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 7BE: Margin of safety Jorgensen Company has sales of 380,000,000, and the break-even point in sales...

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Saby Corporation's break-even point in sales is $950,000, and its variable expenses are 70% of sales. If the company lost $45,000 last year, sales must have amounted to: a. $905,000 b. $860,000 c. $800,000 d. $620,000