CourseLover

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Category > Accounting Posted 21 Dec 2017 My Price 2.00

Last year Easton Corporation reported sales of $820,000

Last year Easton Corporation reported sales of $820,000, a contribution margin ratio of 20% and a net loss of $34,000. Based on this information, the break-even point was:

a.$650,000

b. $1,160,000
c. $854,000

d. $990,000

Minist Corporation sells a single product for $25 per unit. Last year, the company's sales revenue was $295,000 and its net operating income was $75,000. If fixed expenses totaled $102,000 for the year, the break-even point in unit sales was:

a. 11,800

b. 4,720

c. 14,800

d. 6,800

Answers

CourseLover
(12)
Status NEW Posted 21 Dec 2017 05:12 PM My Price 2.00

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