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Lawn Master Company, a manufacturer of riding lawn mowers, has a projected income for the coming year as follows: $49,000,000 Sales Operating expenses: Variable expenses
Lawn Master Company, a manufacturer of riding lawn mowers, has a projected income for the coming year as follows: $49,000,000 Sales Operating expenses: Variable expenses Fixed expenses Total expenses Operating profit $26,950,000 10,800,000 37,750,000 $11,250,000 Required: 1. Determine the breakeven point in sales dollars. 2. Determine the required sales in dollars to earn a before-tax profit of $12,870,000. (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) 3. What is the breakeven point in sales dollars if the variable expenses increases by 13%? (Do not round intermediate calculations. Round your final answer to the nearest whole dollar amount.) 1. Breakeven point in sales dollars 2. Required sales in dollars 3. Breakeven point in sales dollars
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