Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. last month, quaid company had a $70,000 net operat

Last month, Quaid Company had a $70,000 net operating loss on sales of $300,000, when...

80.2K

Verified Solution

Question

Accounting

image Last month, Quaid Company had a $70,000 net operating loss on sales of $300,000, when fixed costs were $120,000 for the month. What amount of sales revenue would have been needed for the company to break even? $750,000 $600,000 $514,300 $720,000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

Find the monthly payment needed to amortize principal and interest for each fixed-rate mortgage for a...

Finance
1.2K views

Part B Cost of Capital (Show all workings 50 marks) Grainwaves Ltd is an Australian firm...

Biology
1.2K views

List 2 examples of renewable resources you use regularly

Physics
1.2K views

Q 17 If at same temperature and pressure the densities for two diatomic gases are...

Statistics
1.2K views

VIV The accompanying table shows the ages in years of 11 childr Click here to...

Statistics
1.2K views

Question 14 14 Using the relative frequency distribution below determine the percentage of individuals who...

Accounting
1.2K views

Samuel Company exchanged land and cash of $6,500 for equipment. The land...

Accounting
1.2K views

A business has a favourable flexible budget variance for direct labour. After finding out the...

Accounting
1.2K views

Differential Chemical produced 13,500 gallons of Preon and 27,000 gallons of Paron. Joint costs incurred...

Accounting
1.2K views

The cash flows for two mutually exclusive alternatives are as follow: Each alternative has a...

Accounting
1.2K views

Jersey, Inc. has outstanding 300,000 shares of $3 par common stock and 100,000 shares of...

Accounting
1.2K views

J Company bottles and distributes B-Lite, a diet soft drink. Price per bottle is expected...