Question
In 2019, X Company had revenue of $198,400 and incurred the following costs: Direct materials $37,696 Direct labor 19,840 Variable overhead 43,648 Fixed overhead 18,600
In 2019, X Company had revenue of $198,400 and incurred the following costs:
| Direct materials | $37,696 |
| Direct labor | 19,840 |
| Variable overhead | 43,648 |
| Fixed overhead | 18,600 |
| Variable selling and administration | 7,936 |
| Fixed selling and administration | 15,800 |
If revenue and cost relationships were not expected to change in 2020, what must revenue be in 2020 in order for X Company to earn $60,000?
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The Principles And Practice Of Auditing
Authors: George Puttick, Sandra Van Esch
7th Edition
0702137723, 978-0702137723
