In its first year, Joe's Start-Up Company had revenues of $125,000 and cost of goods sold...
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In its first year, Joe's Start-Up Company had revenues of $125,000 and cost of goods sold of $81,250, which was the only variable cost. Depreciation was $20,000, and cash costs were $5,000 in financing costs, admin expenses of $50,000, and $45,000 in marketing expenses - all of which were fixed. What is the survival breakeven revenue? $184,615 O $271,429 $285,714 $153,846 $342,857 In its first year, Joe's Start-Up Company had revenues of $125,000 and cost of goods sold of $81,250, which was the only variable cost. Depreciation was $20,000, and cash costs were $5,000 in financing costs, admin expenses of $50,000, and $45,000 in marketing expenses - all of which were fixed. What is the survival breakeven revenue? $184,615 O $271,429 $285,714 $153,846 $342,857
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Answer rating: 100% (QA)
Revenue 125 000 Variable Cost 81250 So Variable Cost is 81250125 000100 ... View the full answer
Related Book For
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
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