Complete this breakeven problem-like the one in the document Follow Along Notes by PDO for Breakeven...

  

    

  

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Complete this breakeven problem-like the one in the document "Follow Along Notes by PDO for Breakeven" by filling in the attached worksheet and finishing the calculations below. Reading the document "Follow Along Notes by PDO for Breakeven" may be required for you to understand and complete this assigned Quiz. Break-even Problem EXHIBIT # 3 from ProStar Player Manual Table 16. Profit and Loss Statement for LAST FALL Product Sales Service Income Total Receipts Cost of Goods Gross Margin Gross Profit OPERATING EXPENSE Management Team Full Time Labor Part time Labor Overtime Labor Total Labor Tax, Ins & Lic Depreciation Rent & Lease Adv & Promo Dist Eq Exp Maint & Rep Utilities Training DOLLARS $3,967,375 $516,872 $4,484,247 $3,007,189 $960,186 $1,477,058 $180,000 $256,000 $138,000 $10,700 $584,700 $45,600 $195,357 $20,584 $20,000 $72.714 $152,079 $108.551 $20.000 LAST 12 MONTHS Percent Tot Rec 88.47% 11.53% 100.00 % 67.06% 21.41% 32.94% 4.01% 5,71% 3.08% 0.24% 13.04% 1.02% 4.36% 0.40% 0.45% 1.62% 3.39% 2.42% 0.45% FIXED Cost $180,000 $256,000 $436,000 545,680 $195,357 $20,000 $18,435 $2,400 $20,000 VARIABLE Cost 67.06% 3.00% 0,24% 3.32% 0.46% 1.62% 2.90% 2:37% Purchased Services Mad Debt Losa Mis Expenses Operate Interest Total Op Exp Ragne, Putil Other Income Interest Exp NIBT Page 2 of 3 $102,400 $22421 $38,285 $11,137 $1,441,507 $33.151 $300 $74,100 40,599 22% 0.50% 1.97% 0.25% 32.20% 0.74% 0.01% 160% 0911 $8,000 $7458872 $74.300 2.11% 0.50% 1.37% 0.25% 15.57% Cost of Goods Mngmnt Team Fulltime Lab Parttime Lab Overtime Lab Tax, Ins & Lic Step 3: Step 4: Depreciation Rent & Lease Adv & Promo Dist Eq Exp Maint & Rep Utilities Training Prof Sves Bad Debt Loss Misc. Exp. Operate Int. Interest Exp. Steps 1: FC = $ and 2: VC= TOTALS % or $0. Page 3 of 3 [12 month totals] /S FIXED Costs per Dollar of Total Receipts = 50. CTO= $1.00-50. BEPFC/CTO=$ Finally-Calculate the VOLUME REQUIRED for a Profit Goal of $10,000 VARIABLE Costs As % of Total Receipts Per Dollar of Total Receipts =$ Complete this breakeven problem-like the one in the document "Follow Along Notes by PDO for Breakeven" by filling in the attached worksheet and finishing the calculations below. Reading the document "Follow Along Notes by PDO for Breakeven" may be required for you to understand and complete this assigned Quiz. Break-even Problem EXHIBIT # 3 from ProStar Player Manual Table 16. Profit and Loss Statement for LAST FALL Product Sales Service Income Total Receipts Cost of Goods Gross Margin Gross Profit OPERATING EXPENSE Management Team Full Time Labor Part time Labor Overtime Labor Total Labor Tax, Ins & Lic Depreciation Rent & Lease Adv & Promo Dist Eq Exp Maint & Rep Utilities Training DOLLARS $3,967,375 $516,872 $4,484,247 $3,007,189 $960,186 $1,477,058 $180,000 $256,000 $138,000 $10,700 $584,700 $45,600 $195,357 $20,584 $20,000 $72.714 $152,079 $108.551 $20.000 LAST 12 MONTHS Percent Tot Rec 88.47% 11.53% 100.00 % 67.06% 21.41% 32.94% 4.01% 5,71% 3.08% 0.24% 13.04% 1.02% 4.36% 0.40% 0.45% 1.62% 3.39% 2.42% 0.45% FIXED Cost $180,000 $256,000 $436,000 545,680 $195,357 $20,000 $18,435 $2,400 $20,000 VARIABLE Cost 67.06% 3.00% 0,24% 3.32% 0.46% 1.62% 2.90% 2:37% Purchased Services Mad Debt Losa Mis Expenses Operate Interest Total Op Exp Ragne, Putil Other Income Interest Exp NIBT Page 2 of 3 $102,400 $22421 $38,285 $11,137 $1,441,507 $33.151 $300 $74,100 40,599 22% 0.50% 1.97% 0.25% 32.20% 0.74% 0.01% 160% 0911 $8,000 $7458872 $74.300 2.11% 0.50% 1.37% 0.25% 15.57% Cost of Goods Mngmnt Team Fulltime Lab Parttime Lab Overtime Lab Tax, Ins & Lic Step 3: Step 4: Depreciation Rent & Lease Adv & Promo Dist Eq Exp Maint & Rep Utilities Training Prof Sves Bad Debt Loss Misc. Exp. Operate Int. Interest Exp. Steps 1: FC = $ and 2: VC= TOTALS % or $0. Page 3 of 3 [12 month totals] /S FIXED Costs per Dollar of Total Receipts = 50. CTO= $1.00-50. BEPFC/CTO=$ Finally-Calculate the VOLUME REQUIRED for a Profit Goal of $10,000 VARIABLE Costs As % of Total Receipts Per Dollar of Total Receipts =$

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Now breakeven for a company means revenue at which its net income before taxNIBT as giv... View the full answer