Stacker requires sales of 500000 to cover its fixed costs


Question - Stacker requires sales of $500,000 to cover its fixed costs of $100,000 and to earn net income of $80,000. What percent are variable costs of sales?

A. 2.77%

B. 20%

C. 64%

D. 36%

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Accounting Basics: Stacker requires sales of 500000 to cover its fixed costs
Reference No:- TGS02526636

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