Answered step by step
Verified Expert Solution
Link Copied!

Question

...
1 Approved Answer

A company has prepared the following budget for a given month: Product selling price(unit) variable cost (unit) unit sales a 10$ 4$ 14k b 15$

A company has prepared the following budget for a given month:

Product selling price(unit) variable cost (unit) unit sales

a 10$ 4$ 14k

b 15$ 9$ 20k

c 17$ 8$ 4k

Assuming that total fixed expenses will be $149.4 and the sales mix remains constant, determine the firms dollar sales to break-even.

Note: The term k is used to represent thousands ( $1,000).

k (INPUT YOUR ANSWER IN K, ROUNDED TO 3 DECIMAL PLACES. FOR EXAMPLE: 7.321)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Principles Part 3

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow

6th Canadian edition Volume 1

978-1118306802

Students also viewed these Accounting questions