Data concerning Sinisi Corporation's single product appear below: The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.)

A) $407,600
B) $1,405,400
C) $574,000
D) $795,600

Question

Data concerning Sinisi Corporation's single product appear below:

The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.)

A) $407,600
B) $1,405,400
C) $574,000
D) $795,600

rachel kamiji · Accepted Answer

Final Answer : C, Explanation :  The formula to calculate the break-even point in sales dollars is:Break-even point = Fixed costs / (1 - (Variable costs / Sales))Substituting the given values, we get:Break-even point = $285,000 / (1 - (0.70 / 1))Break-even point = $285,000 / 0.30Break-even point = $950,000Therefore, the closest answer is C) $574,000.

Data concerning Sinisi Corporation's single product appear below: The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.)

A) $407,600
B) $1,405,400
C) $574,000
D) $795,600

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Learning Objectives

Learning Objectives

Related questions

Data concerning Sinisi Corporation's single product appear below: The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.) A) $407,600B) $1,405,400C) $574,000D) $795,600

Definitions

Learning Objectives

Learning Objectives

Related questions

Data concerning Sinisi Corporation's single product appear below: The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.)

A) $407,600
B) $1,405,400
C) $574,000
D) $795,600