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X Company is starting a new merchandising business and provides the following budgets for its two products: Product Revenue Total CM A $483,171 $240,632 B
X Company is starting a new merchandising business and provides the following budgets for its two products:
Product | Revenue | Total CM |
A | $483,171 | $240,632 |
B | 244,696 | 54,896 |
Next year's budgeted fixed costs are $235,000. X Company would like to at least break even in its first year of operation; what must total sales be in order for that to happen [round unit numbers to two decimal places]? Assume that the budgeted product mix will not change.
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