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X Company sells one product. The following are the accountant's price and cost estimates for 2020: $16.29 4.45 2.85 Selling price Direct materials Direct labor
X Company sells one product. The following are the accountant's price and cost estimates for 2020: $16.29 4.45 2.85 Selling price Direct materials Direct labor (all variable] Variable overhead Variable selling and administration Fixed overhead Fixed selling and administration 3.84 2.30 $14,900 11,300 Unit sales in 2019 were 6,200; unit sales in 2020 are expected to be 5,600. The accountant is uncertain about her $4.45 direct materials estimate. What must direct materials be in 2020 in order for X Company to breakeven (rounded to two decimal places)
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