Question
Ivanhoe Corporation sells a single product for $40. Its management estimates the following revenues and costs for the year 2022: Net sales Direct materials Direct
Ivanhoe Corporation sells a single product for $40. Its management estimates the following revenues and costs for the year 2022: Net sales Direct materials Direct labour Manufacturing overhead-variable Manufacturing overhead-fixed (a) Your answer is incorrect Monthly break-even in units $430,000 Monthly break-even in dollars 77,400 $ 51.600 17,200 25,800 Selling expenses-variable Selling expenses-fixed Administrative expenses-variable Administrative expenses-fixed $17.200 Assuming fixed costs and net sales are spread evenly throughout the year, determine Ivanhoe's monthly break-even point in units and dollars. (Round answers to 0 decimal places, e.g. 5.275.) units 17,200 8,600 8,600 W
Ivanhoe Corporation sells a single product for $40. Its management estimates the following revenues and costs for the year 2022 : (a) Your answer is incorrect. Assuming fixed costs and net sales are spread evenly throughout the year, determine Ivanhoe's monthly break-even point in units and dollars. (Round answers to 0 decimal places, eg. 5,275.)
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