Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Neptune Corporation has fixed costs of $372,096. The firm's sales are expected to be $2,603,312 this year if the firm sells 45,607 units. Variable costs

Neptune Corporation has fixed costs of $372,096. The firm's sales are expected to be $2,603,312 this year if the firm sells 45,607 units. Variable costs amount to 46 percent of sales. What is the breakeven point in units? SET YOUR CALCULATOR TO 4 DECIMAL PLACES AND THEN ROUND OFF THE FINAL ANSWER TO THE NEAREST WHOLE NUMBER FOR EXAMPLE IF YOUR ANSWER IS 3000.0822 PLEASE ENTER 3000 ONLYDO NOT ENTER ANY SYMBOL !
image text in transcribed
Neptune Corporation has fixed costs of $372,096. The firm's sales are expected to be $2,603,312 this year if the firm sells 45,607 units. Variable costs amount to 46 percent of sales. What is the breakeven point in units? SET YOUR CALCULATOR TO 4 DECIMAL PLACES AND THEN ROUND OFF THE FINAL ANSWER TO THE NEAREST WHOLE NUMBER. FOR EXAMPLE, IF YOUR ANSWER IS 3000.0822 PLEASE ENTER 3000 ONLY. DO NOT ENTER ANY SYMBOL

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

Tail Risk Hedging Creating Robust Portfolios For Volatile Markets

Authors: Vineer Bhansali

1st Edition

0071791752,0071791760

More Books

Students also viewed these Finance questions