In 2012, Teller Company sold 3,000 units at $400 each. Variable expenses were $280 per unit, and fixed expenses were $180,000. The same selling price, variable expenses, and fixed expenses are expected for 2013. What is Teller's break-even point in sales dollars for 2013?
a. $600,000
b. $1,800,000
c. $1,200,000
d. $1,714,286
a. $600,000
Business
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Indicate whether the statement is true or false
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Donna makes annual end of year payments of $5,403.71 on a four year loan with an interest rate of 13 percent. The original principal amount was: (Round to the nearest whole dollar)
A) $16,073 B) $22,139 C) $15,092 D) $17,175
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