Question: Please answer this to help me study. Thanks! At the cash break-even point, Minnesota Fine Wine Cellar sells 12,400 bottles at a price of $29

Please answer this to help me study. Thanks! At the cash break-even point, Minnesota Fine Wine Cellar sells 12,400 bottles at a price of $29 each. At this level of production, the depreciation is $32,000 and the variable cost per unit is $22. What is the amount of the fixed costs at this production level? The fixed costs for the accounting break-even are $_______?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!