Solen Company's break-even-point in sales is $1,000,000, and its variable expenses are 60% of sales. If the company lost $200,000 last year, sales must have amounted to _________?© BrainMass Inc. brainmass.com October 9, 2019, 9:28 pm ad1c9bdddf
Let the fixed cost be F. Let the sales be S. Let the variable cost be V. Then, by data V = 0.6S
Loss = ...
Step-by-step solution that determines the break-even point with variable expenses is provided.