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Requirement 2. What is the breakeven point in units for 2020? Determine the formula that is used to compute how many bowls are needed
Requirement 2. What is the breakeven point in units for 2020? Determine the formula that is used to compute how many bowls are needed to break even, then compute the number of bowls needed. (Enter applicable values to the nearest cent, $X.XX.) Bowls needed to break even Requirement 3. Mr. Wu has set the revenue target for 2021 at a level of $728,500 (or 23,500 bowls). He believes an additional marketing cost of $52,700 for advertising in 2021, with all other costs remaining constant, will be necessary to attain the revenue target. What is the net income for 2021 if the additional $52,700 is spent and the revenue target is met? The target net income for 2021 is
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