Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Wesley Company manufactures and sells a single product. The companys sales and expenses for last quarter follow: Total Per Unit Sales $ 120,000 $ 20
Wesley Company manufactures and sells a single product. The companys sales and expenses for last | ||||||
quarter follow: | ||||||
Total | Per Unit | |||||
Sales | $ | 120,000 | $ | 20 | ||
Less: Variable expenses | 72,000 | 12 | ||||
Contribution margin | 48,000 | $ | 8 | |||
Less: Fixed expenses | 30,000 | |||||
Net operating income | $ | 18,000 | ||||
What is the quarterly break-even point in units sold and in sales dollars? | ||||||
Break-even point in units sold= | ||||||
Break-even point in sales dollars= |
|
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored 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