Use the formulas to calculate breakeven point for the following two (2) questions [5pts each): ...
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Use the formulas to calculate breakeven point for the following two (2) questions [5pts each): • Breakeven (units): Fixed Costs/(Price-Variable Costs) • Breakeven (S): Fixed Costs/(1 – (Variable Costs/Price)) Soy Candles, LLC sells candles made from soy-based wax. The company's total fixed cost is $44,760. The company has variable costs of $1.45 per candle and sells them at $5.00 each. From this information calculate the number of candles Soy Candles, LLC must sell to breakeven. (Please write directly on the test. Show your work and underline your answer. Round to the nearest unit.) Use the formulas to calculate breakeven point for the following two (2) questions [5pts each): • Breakeven (units): Fixed Costs/(Price-Variable Costs) • Breakeven (S): Fixed Costs/(1 – (Variable Costs/Price)) Soy Candles, LLC sells candles made from soy-based wax. The company's total fixed cost is $44,760. The company has variable costs of $1.45 per candle and sells them at $5.00 each. From this information calculate the number of candles Soy Candles, LLC must sell to breakeven. (Please write directly on the test. Show your work and underline your answer. Round to the nearest unit.)
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Financial Management for Decision Makers
ISBN: 978-0138011604
2nd Canadian edition
Authors: Peter Atrill, Paul Hurley
Posted Date:
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