Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 07, 2024

Last month Peggy Company had a $27,180 profit on sales of $344,800. Fixed costs are $76,260 a month. What sales revenue is needed for Peggy

Last month Peggy Company had a $27,180 profit on sales of $344,800. Fixed costs are $76,260 a month. What sales revenue is needed for Peggy to break even? (Round your answer to the nearest dollar amount.)

$27,180

$103,440

$254,200

$371,980

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 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

Fire Extinguisher Log Book

Authors: Arahan Khan

1st Edition

B09TZKR5Z4, 979-8428924282

More Books

Students also viewed these Accounting questions

Question

★★★★★

Complete the average assets invested, profit margin, asset turnover, and return on investment calculations for investment centers J and K on the next page. Subsidiary Subsidiary K Sales Operating...

Answered: 1 week ago

Question

★★★★★

5. Philip is an 8-year-old boy who was recently diagnosed with ADHD, combined presentation. His mother is reluctant to use medication to manage his symptoms; instead, she wants Philip to participate...

Answered: 1 week ago

Question

★★★★★

The makers of compact fluorescent light bulbs (CFL) claim the bulbs use 75% less energy and last 10 times longer than incandescent bulbs. A 16 watt CFL (equivalent to a 60 watt incandescent) has a...

Answered: 1 week ago

Question

★★★★★

Question 5 (IME) O words Edit View Insert Format Tools Table 10 pts What are survivorship and selection biases? Based on them, is it easier to assess the performance of hedge funds or mutual funds?...

Answered: 1 week ago

Question

★★★★★

3) (15 points) Consi in either Canada or F 1.75% in Canada. Th and the euro-dollar s the exact equations fo a) Compute the b) What is the do c) What is the (1 points) d) Is there an art market? Expl...

Answered: 1 week ago

Question

★★★★★

What communication between the field and head office needs to take place for reporting volumes and fluid analysis? Who would conduct the volume measurements in the field?

Answered: 1 week ago

Question

★★★★★

. . . a. Explain four barriers that may prevent new entrants from establishing in the Monjorino Jewellery Industry. b. Identify substitute retailers to the Monjorino industry and explain two reasons...

Answered: 1 week ago

Question

★★★★★

2. Find a company that emphasizes sustainability. What types of programs, measures, and objectives does this company have? Search entries or author Unread Subscribe

Answered: 1 week ago

Question

★★★★★

Please show work in on paper. Only Sy and Sxy is given and I am not sure how to get Sx to solve traditionally. Thanks for a response. The stresses shown act at a point in a stressed body. Assume...

Answered: 1 week ago

Question

★★★★★

Topic 2 - Types of Companies in Australia Various types of companies can be registered in Australia under the Corporations Act 2001 (Cth). Explain the differences between a company limited by shares...

Answered: 1 week ago

Question

★★★★★

Choose an appropriate topic and develop it Support and enliven your speech with effective research

Answered: 1 week ago

Question

★★★★★

Choosing Your Topic Researching the Topic

Answered: 1 week ago

Question

★★★★★

The Power of Public Speaking Clarifying the

Answered: 1 week ago

Previous Question Next Question