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(Click the icon to view the conversation.) Read the requirements. Requirement 1. Calculate Kirk Corporation's breakeven revenues for 2012. Begin by determining the formula to
(Click the icon to view the conversation.) Read the requirements. Requirement 1. Calculate Kirk Corporation's breakeven revenues for 2012. Begin by determining the formula to calculate Kirk Corporation's 2012 contribution margin percentage. Contribution margin / Revenues = Contribution margin % Kirk Corporation's 2012 contribution margin percentage is 30 %. Now determine the formula to calculate Kirk Corporation's breakeven revenues for 2012. Fixed costs 1 Contribution margin percent = Breakeven revenues Kirk Corporation's breakeven revenues amount for 2012 is $ 5200000 Requirement 2. Calculate Kirk Corporation's breakeven revenues if variable costs are 61% of revenues. Kirk Corporation's breakeven revenues will be $ if variable costs are 61% of revenues. Enter your answer in the answer box and then click Check
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