Amount of sales required to break even


Question: George Company sells one product at a price of $20 per unit. Variable expenses are 60 percent of sales, and fixed expenses are $20,000. The amount of sales required to break even is:

  • $2,500
  • $12,000
  • $33,333
  • $50,000

Solution Preview :

Prepared by a verified Expert
Accounting Basics: Amount of sales required to break even
Reference No:- TGS01931081

Now Priced at $20 (50% Discount)

Recommended (99%)

Rated (4.3/5)