Dietrick Corporation produces and sells two products. Data concerning those products for the most recent month appear below: Product B32LProduct K84BSales$46,000 $27,000 Variable expenses$13,800 $14,670 Fixed expenses for the entire company were $42,550. The break-even point for the entire company is closest to:
A. $69,754
B. $30,450
C. $42,550
D. $71,020
Answer: A
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In Figure 2.3, one car can be produced at a cost of
a. one and two-thirds tons of wheat. b. two and one-third tons of wheat. c. three fifths tons of wheat. d. three sevenths tons of wheat.
The return on investment (ROI) ratio measures
a. only asset turnover. b. only earnings as a percent of sales. c. both asset turnover and earnings as a percent of sales. d. asset turnover and earnings as a percent of sales, correcting for the effects of differing depreciation methods.
EMathews, Inc generated $200,000 in sales revenues and incurred fixed costs of $30,000 . If the break-even sales is $ 140,000, what is the margin of safety ratio for Clarifex Company?
a. 75% b. 30% c. 40% d. 60%
2. The fundamental reason for organizations to change is to ______.
2. A. be profitable B. grow C. survive D. none of these