Northern pacific fixtures corporation sells a single product for $28 per unit. if variable expenses are 65% of sales and fixed expenses total $9,800, the break-even point is: (round your intermediate calculations to 2 decimal places.)

The break-even point is $28,000

Explanation:

Since, the sale value is not given in the question, so we have to compute the profit volume ratio which is equals to

= (Sales per unit  - Variable cost per unit ) ÷ Sales × 100

Where,

Sale per unit is $28

Variable cost per unit = 65% of sales per unit = 65 ÷100 × 28 = $18.2

So, profit volume ratio equals to

=  ($28 - $18.2) ÷ $28 × 100

= 35%

Now, we can easily calculate the break even point. The formula is shown below:

= Fixed expense ÷ Profit volume ratio

= $9,800 ÷ 35%

= $28,000

Hence, the break-even point is $28,000

a progressive tax is a tax that imposes a lower tax rate on low-income earners compared to those with a higher income, making it based on the taxpayer's ability to pay. that means it takes a bigger percentage from high income earners than it does from low income people.

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