Problemlast month carlos company had a 16635 profit on, Ask an Expert

Accounting

Problem:

Last month Carlos Company had a $16,635 profit on sales of $338,900. Fixed costs are $34,200 a month.

Required:

Question: What sales revenue is needed for Carlos to break even?

a. $67,470

b. $355,535

c. $373,100

d. $228,000

Note: Provide support for your rationale.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91163837

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