If fixed costs are $ 3 9 0 , 0 0 0 , variable costs are 7

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Question:

If fixed costs are $

390, 000,

variable costs are

75 %

of net sales, and the company wants to reduce the price by

1 %,

how many additional sales will they need to breakeven?

Posted Date: May 11, 2024 04:32 AM

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If fixed costs are $ 3 9 0 , 0 0 0 , variable costs are 7

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Expert Answer:

To calculate the additional sales needed to break even after reducing the price by 1 we need to cons... View the full answer

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