The Saginaw Ice Company had sales of $400,000, with variable expenses of $162,000 and fixed expenses

The Saginaw Ice Company had sales of $400,000, with variable expenses of $162,000 and fixed expenses of $98,000. Which of the following is closest to Saginaw's breakeven point?

A) $260,000

B) $165,000

C) $140,000

D) $238,000
 

SOLUTION