Question
total sales are $165,000 total variable cost are $40, 00 total contribution margin ration is 24.30% net income (loss) is 67,574 sale volume is 191,583
total sales are $165,000
total variable cost are $40, 00
total contribution margin ration is 24.30%
net income (loss) is 67,574
sale volume is 191,583
operating expense $27,870
If the fixed cost of a company is 24,170. And the break even is $99,452.62
Is this Company worth starting or being abandoned? And will they make a profit?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Financial Accounting
Authors: W. Steve Albrecht, James D. Stice, Earl K. Stice
10th edition
324645570, 978-0324645576
