Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Last month peggy company had a $13,300 profit on sales of $315,300 fixed costs are $65,525 a month what sales revenue is needed for peggy

Last month peggy company had a $13,300 profit on sales of $315,300 fixed costs are $65,525 a month what sales revenue is needed for peggy to break even?
  • $122,500
  • $380,310
  • $30,310
  • $263,400

Step by Step Solution

3.36 Rating (165 Votes )

There are 3 Steps involved in it

Step: 1

Answer The sales revenue of 262100 is needed for Peggy to attain a breakeven point Compute the break... 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

Step: 3

blur-text-image

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 Management Principles and Applications

Authors: Sheridan Titman, Arthur J. Keown, John H. Martin

13th edition

134417216, 978-0134417509, 013441750X, 978-0134417219

More Books

Students also viewed these Accounting questions

Question

25. x-bucan tapn. 20 60 B A) 60 B) 70 C) 80 50 C D) 75 E) 65

Answered: 1 week ago