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calculate a Break even level of sales. Total sales revenue $ 4,350,000 Variable Costs cost of sales $ 2,233,000 Bank charges $ 8,950 Direct wages
calculate a Break even level of sales.
| Total sales revenue | $ 4,350,000 |
| Variable Costs | |
| cost of sales | $ 2,233,000 |
| Bank charges | $ 8,950 |
| Direct wages | $ 653,000 |
| Electricity | $ 82,000 |
| Freight | $ 45,333 |
| Sales wages | $ 223,000 |
| Repairs and maintenance | $ 87,660 |
| Total variable costs | $ 3,332,943 |
| Fixed Costs | |
| Depreciation - delivery vehicles | $ 154,000 |
| Depreciation - roasting machines | $ 145,500 |
| Postage, printing & stationery | $ 76,000 |
| Subscriptions | $ 5,676 |
| Insurance | $ 56,033 |
| Telephone | $ 7,688 |
| Interest expense | $ 125,455 |
| ACC | $ 23,000 |
| Legal fees | $ 9,850 |
| Professional services fees | $ 45,000 |
| Advertising | $ 225,000 |
| General expenses | $ 10,231 |
| Motor vehicle expenses | $ 34,000 |
| Rates | $ 15,445 |
| Total fixed costs | $ 932,878 |
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Intermediate Accounting Volume 1
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy
12th Canadian edition
119-49633-5, 1119496497, 1119496330, 978-1119496496
