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A company has fixed costs of $1.3M. Variable costs are 55% of sales up to a sales level of $1.5M, but at higher volumes of production and sales, the variable cost for incremental production units falls to 52% of sales.
What is the break even point in sales revenue, to the nearest $1000?
Why on earth are you simply copying out a question when you obviously have an answer in the same book in which you found it?
Are you wanting me to simply copy out the answer from the book??Ask about whatever it is in the answer that you are not clear about, and I will explain.
(of better still, look at recent previous posts in this forum, and you will find an explanation!)
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