Follow the steps below to answer the questions a. Write down the formula b. Indicate what...
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Follow the steps below to answer the questions a. Write down the formula b. Indicate what values are substituted into the parameters c. Calculate the final result Questions Use sales of 100,000 units in questions 1 and 2 1. With a variable cost of $30 and fixed expenses of $3,500,000, what is the break-even price? 2. If the break-even price is $60, and your target return on sales is 20%, what is the selling price? Follow the steps below to answer the questions a. Write down the formula b. Indicate what values are substituted into the parameters c. Calculate the final result Questions Use sales of 100,000 units in questions 1 and 2 1. With a variable cost of $30 and fixed expenses of $3,500,000, what is the break-even price? 2. If the break-even price is $60, and your target return on sales is 20%, what is the selling price?
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Answer rating: 100% (QA)
ANSWER a The formula for calculating the breakeven price is 1Breakeven price Fixed expenses Units so... View the full answer
Related Book For
Complex Variables and Applications
ISBN: 978-0073051949
8th edition
Authors: James Brown, Ruel Churchill
Posted Date:
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