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please i need a correct figure on the break-even point and the brewk-even point in dollars Pharoah Cor poration has collected the following information after
please i need a correct figure on the break-even point and the brewk-even point in dollars
Pharoah Cor poration has collected the following information after its first year of operations. Sales were $1,600,000 on 100,000 units, selling expenses $220,000(40% variable and 60% fixed), direct materials $508,000, direct labor $281.200, administrative expenses $284,000(20% variable and 80% fixed), and manufacturing overhead $380,000(70% variable and 303 foxed). Top management has asked you to do a CVP analysis so that it can make plans for the coming year. It has projected that unit sales will increase by 10% next year. (a) Your answer is correct: Compute (1) the contribution margin for the cirrent year and the projected year, and (2) the fixnd costs for the curtent year and the projected year, Unit selling price, unit variable conts, and fwed costs are estimated to remain unchanged. (1) Contribution margin for current year (2) Totalfixed costs Compute the break-even point in sales units and sales dollars for the current year Step by Step Solution
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