Company provides the information below. If the company hires a member of management team at an annual
Fantastic news! We've Found the answer you've been seeking!
Question:
Company provides the information below. If the company hires a member of management team at an annual salary of $60,000, what is the company's new revenue break-even point?
Revenue $2,500,000
Total variable costs $1,700,000
Total fixed costs $700,000
*Hint - GM% will not be affected by this change
Related Book For
Management Accounting Information for Decision-Making and Strategy Execution
ISBN: 978-0137024971
6th Edition
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
Posted Date: