Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In 2021, X Company earned revenue of $88,000. The following total cost information is also for 2021: Variable manufacturing 47,200 Print Variable selling and

image text in transcribed

In 2021, X Company earned revenue of $88,000. The following total cost information is also for 2021: Variable manufacturing 47,200 Print Variable selling and administration 8,700 Fixed manufacturing 12,000 Fixed selling and administration 13,000 Total $80,900 What must revenue be in 2022 in order for X Company to break even [round all mall numbers to two decimal places]? 46468.06

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

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

Financial Accounting

Authors: Jeffrey Waybright, Liang Hsuan Chen, Rhonda Pyper

1st Canadian Edition

9780132147538, 132889714, 013214753X , 978-0132889711

More Books

Students also viewed these Accounting questions

Question

What is an S corporation?

Answered: 1 week ago

Question

Why do you need to know about the IT department? LO.1

Answered: 1 week ago