Hi expert please give me answer general accounting question XYZ Corporation has total fixed costs of $175,000 and a contributionmargin ratio of 40%. What is the break-even sales amount?A. $437,500B. $375,000C. $525,000D. $400,000

Step 1: Definition of Break-Even Sales AmountThe break-even sales amount is the level of sales…

Answered: XYZ Corporation has total fixed costs…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 6MC: If a company has fixed costs of $6.000 per month and their product that sells for $200 has a...

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If a company has fixed costs of $6.000 per month and their product that sells for $200 has a contribution margin ratio of 30%, how many units must they sell in order to break even? A. 100 B. 180 C. 200 D. 2,000
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XYZ Corporation has total fixed costs of $175,000 and a contribution margin ratio of 40%. What is the break-even sales amount? A. $437,500 B. $375,000 C. $525,000 D. $400,000