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Assume that you are given the following information for your company, where sales are equal to 2,000,000 units. Income Statement Sales $4,900,000.00 Variable Costs -$3,600,000.00
Assume that you are given the following information for your company, where sales are equal to 2,000,000 units. Income Statement Sales $4,900,000.00 Variable Costs -$3,600,000.00 Fbxed Costs -$400,000.00 EBIT $900,000.00 Interest -$225,000.00 $675,000.00 Taxes (40%) -$270,000.00 Net Income $405,000.00 Given this information, determine by how much the quantity to be sold for a net income breakeven will exceed the quantity to be sold for an EBIT breakeven during Year 1. 337.702 units 321,428 units 329,565 units 346.154 units 0 313.291 units
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