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Question: How much would the average sales ticket have to increase to breakeven if the fixed cost remained the same in 2007 as it was
Question: How much would the average sales ticket have to increase to breakeven if the fixed cost remained the same in 2007 as it was in 2006?
UPDATE: Please see below for Fixed Costs for 2006
2003 $8,583 $4,257 2004 2006 Sales Cost of goods sold Gross margin Expenses Selling expense Salaries Commissions Advertising Administrative expenses Rent Depreciation Miscellaneous expenses Total expenses Net income $8,102 $10,711 4326 4132 5.570 $3,970 $5,141 2,021 429 254 418 420 84 2,081 405 250 425 420 84 3,215 536 257 435 840 142 $3,679 $ 578 $3,758$5,547 $212 $ (406)Step by Step Solution
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