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need a help with this Break-Even Sales: BeerBev, Inc, reported the following operating information for a recent year (in millions): Assume that BeerBev sold 25
need a help with this
Break-Even Sales: BeerBev, Inc, reported the following operating information for a recent year (in millions): Assume that BeerBev sold 25 million barrels of beer during the year, that variable costs were 75% of the cost of goods sold and 50% of marketing, general and administration expenses, and that the remainint costs are fixed. For the following year, assume that Bleerbev expects pricing, variable costs per barrel, and fixed costs to remain constant, except that new distribution and general office facilities are expected to increase fixed costs by $15 million. a. Compute the break-even sales (in barrels) for the current year. Round your answer to two decimal places, Enter your answers in miltions. x million barrels b. Compute the anticipated break-even sales (in barrels) for the following year, Pound your answer to two decimal places. Enter your answers in milions. x million barrels Step by Step Solution
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