Long Company's variable expenses are 60% of sales. A £1,200 increase in the company's fixed expenses will increase the break-even point in sales by £3,000

Question

Quizplus · Accepted Answer

The information provided allows us to compute the break-even point using both the equation method and the contribution margin method. Therefore, it is true that we can calculate the break-even point.

Long Company's Variable Expenses Are 60% of Sales