What is the break-even point in sales, Accounting Basics

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What is the break-even point in sales

Mit Company sells its product for $50. In addition, it has a variable cost ratio of 55 percent and total fixed costs of $6,875. How many units must be sold in order to obtain a before-tax profit of $12,000?Mit Company sells its product for $50. In addition, it has a variable cost ratio of 45 percent and total fixed costs of $6,875. What is the break-even point in sales dollars for Mit Company?

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Accounting Basics: What is the break-even point in sales

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Accounting Basics: What is the break-even point in sales

Reference No:- TGS0698318

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Recent Questions Asked Accounting Basics

Q : Find the area and perimeter of the rectangle

Q : Analysis of rhe change in owners equity

Q : Group term life insurance protection

Q : What was the gain or loss target recognized

Q : What is the break-even point in sales

Q : Find ending inventory-cost of goods sold-gross profit rate

Q : What amount of cash will the creditors recieve

Q : The entries to record the liquidation

Q : Determine the normal force acting on the first box

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is the break-even point in sales

Reference No:- TGS0698318

Recent Questions Asked Accounting Basics

Q : Find the area and perimeter of the rectangle

Q : Analysis of rhe change in owners equity

Q : Group term life insurance protection

Q : What was the gain or loss target recognized

Q : What is the break-even point in sales

Q : Find ending inventory-cost of goods sold-gross profit rate

Q : What amount of cash will the creditors recieve

Q : The entries to record the liquidation

Q : Determine the normal force acting on the first box

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