Aproduct sells for $205 per unit, and its variable costs are 60% of sales. the fixed costs are $464,000. what is the break-even point in sales dollars?

$1,160,000

Explanation: The Break even point depicts the amount of sales by making which the company will be at no profit or no loss situation. It can be computed using following formula :-

where,

contribution margin = 1 - variable cost ratio

                                   = 1 - 0.6

                                   = 0.4

so, putting the values into equation we get :-

                                    = $1,160,000

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi