Fixed costs are $600,000 and the variable costs are 75% of the unit selling price. What is the break-even point in dollars? $1,400,000 $1,800,000 $2,400,000 $800,000

Intermediate Financial Management (MindTap Course List)
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ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter16: Capital Structure Decisions
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Fixed costs are $600,000 and the variable costs are 75% of the unit selling price. What is the break-even point in dollars?

  1. $1,400,000
  2. $1,800,000
  3. $2,400,000
  4. $800,000
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