Real World Question Refer to the 1996 income statement for Maytag Corporation in the annual report booklet. Consider only revenue, cost of sales, and selling and administrative expenses. Ignore taxes, interest, and other items on the income statement. Assume that for 1996, 90% of May tag's selling and administrative expenses were fixed and 30% of cost of goods sold were fixed. The remainder of those costs were variable costs.

At what level of revenues would Maytag break even in 1996? hu4