The following information pertains to Springfield Inc:Selling price per unit$50Variable costs per unit$30Total fixed costs$212,500Tax rate40%The pretax break-even point in sales dollars is:Select one:OOA. $700,000B. $600,000OC. $531,250O D. $427,000

The following information pertains to Springfield Inc: Selling price per unit $50 Variable costs per unit $30 Total fixed costs Tax rate The pretax break-even point in sales dollars is: Select one: OA. $700,000 O $212,500 40% B. $600,000 OC. $531,250 D. $427,000

The following information pertains to Springfield Inc: Selling price per unit $50 Variable costs per unit $30 Total fixed costs Tax rate The pretax break-even point in sales dollars is: Select one: OA. $700,000 O $212,500 40% B. $600,000 OC. $531,250 D. $427,000

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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Question

The following information pertains to Springfield Inc:
Selling price per unit
$50
Variable costs per unit
$30
Total fixed costs
$212,500
Tax rate
40%
The pretax break-even point in sales dollars is:
Select one:
O
O
A. $700,000
B. $600,000
OC. $531,250
O D. $427,000

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