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X Company sells one product. The following are the accountant's price and cost estimates for 2020: $17.51 4.22 2.98 Selling price Direct materials Direct labor
X Company sells one product. The following are the accountant's price and cost estimates for 2020: $17.51 4.22 2.98 Selling price Direct materials Direct labor (all variable] Variable overhead Variable selling and administration Fixed overhead Fixed selling and administration 2.03 2.60 $11,000 10,900 Unit sales in 2019 were 5,900; unit sales in 2020 are expected to be 5,400. The accountant is uncertain about her $2.03 variable overhead estimate. What must variable overhead be in 2020 in order for X Company to breakeven (rounded to two decimal places)? OA: $1.87|| OB: $2.34 C: $2.92 D: $3.65|| OE: $4.56 F: $5.70
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