Last year, Farrer Corporation had sales of $1,500,000, variable expenses of $900,000, and fixed expenses of $400,000. What would be the dollar sales at the break-even point?
A. $1,300,000
B. $1,000,000
C. $1,380,000
D. $1,200,000
Answer: B
Last year, Farrer Corporation had sales of $1,500,000, variable expenses of $900,000, and fixed expenses of $400,000. What would be the dollar sales at the break-even point?
A. $1,300,000
B. $1,000,000
C. $1,380,000
D. $1,200,000
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