Sabv Corporation's break-even-point in sales is $675,000, and its variable expenses are 75% of sales. If the company lost $24,000 last year, sales must have amounted to:

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Quizplus · Accepted Answer

Sales = Break-even point + Loss= $675,000 + $24,000= $699,000Variable expenses = 75% of sales= 75% of $699,000= $524,250Fixed expenses = Break-even point - Variable expenses= $675,000 - $524,250= $150,750Sales = Variable expenses + Fixed expenses= $524,250 + $150,750= $675,000

Sabv Corporation's Break-Even-Point in Sales Is $675,000, and Its Variable