Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Per unit selling price: $653.82 per garbage bin + service fee of $46.18= $700 per unit (reoccuring every year) The revenue will be The Sales

Per unit selling price: $653.82 per garbage bin + service fee of $46.18= $700 per unit (reoccuring every year)

The revenue will be The Sales Revenue

2021 = $371000

2022 = $408100

2023 = $ 448910

The Variable cost will be

1) Cost of sales and

2) Labour and related expense

Total variable cost

2021 = 120000 + 5600 = $125600

2022 = 130200 + 6160 = $136360

2023 = 140520 + 6776 = $147296

Total FIxed cost will include

1) Supplies

2 ) Selling and administraitve expenses

3 ) Depreciation

2021 = 10200 + 6000 + 400 = $16600

2022 = 11220 + 6300 + 440 = $17960

2023= 11574 + 6620 + 480 = $18674

Can you help me calculate the break-even point for the three years(2021, 2022, 2023) using all the information provided?

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

Alaskas Permanent Fund Dividend Examining Its Suitability As A Model

Authors: K. Widerquist, M. Howard

2nd Edition

0230112072, 9780230112070

More Books

Students also viewed these Accounting questions

Question

Evaluate your own leadership performance. How could you improve?

Answered: 1 week ago

Question

What is collectivism, and how is it different from individualism?

Answered: 1 week ago

Question

What is a verb?

Answered: 1 week ago