Question: Sales 650000 Variable expense 260000 Contribution margin 390000 Fixed expense 460000 Net loss (70,000) Calculate the amount of sales revenue needed to break even

Sales 650000 Variable expense 260000 Contribution margin 390000 Fixed expense 460000 Net loss (70,000) Calculate the amount of sales revenue needed to break even

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 Accounting Questions!

Q:

The Year 5 contribution format income statement for ABC Company appears below: ABC Company Income Statement For the Year Ended December 31, Year 5 Sales (16,250 units) $650,000 Variable Costs...

Q:

Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales: $20,000 Variable...

Q:

Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales $ 23,300 Variable...

Q:

Feather Friends, Incorporated, distributes a high-quality wooden birdhouse that sells for $120 per unit. Variable expenses are $60.00 per unit, and fixed expenses total $180,000 per year. Its...

Q:

**SEE SCREEN SHOTS ATTACHED*** Depardieu Company., produces drone video helicopters for recreational surveillance. Sales have been very erratic, with some months showing a profit and some months...

Q:

Chapter 6 1. A merchandising company has provided the following contribution format income statement: Sales (10,000 units) 5 700,000 Variable expenses 350,000 Contribution margin 350,000 Fixed...

Q:

1. value: 2.00 points The following cost data pertain to the operations of Rademaker Department Stores, Inc., for the month of March. Corporate headquarters building lease $81,600 Cosmetics...

Q:

1. value: 2.00 points The following cost data pertain to the operations of Rademaker Department Stores, Inc., for the month of March. Corporate headquarters building lease $81,600 Cosmetics...

Q:

1. value: 2.00 points The following cost data pertain to the operations of Rademaker Department Stores, Inc., for the month of March. Corporate headquarters building lease $81,600 Cosmetics...

Q:

1. value: 2.00 points The following cost data pertain to the operations of Rademaker Department Stores, Inc., for the month of March. Corporate headquarters building lease $81,600 Cosmetics...

Q:

The Fielding Company is preparing its cash payments budget. The following tems relate to cash payments the company anticipates making during the second quarter of the upcoming year (Click the icon to...

Q:

Tater and Pepper Corp. reported free cash flows for 2015 of $39.1 million and investment in operating capital of $22.1 million. Tater and Pepper incurred $13.6 million in depreciation expense and...

Q:

the first three phases of data mining process are the most itrative ? true or false

Q:

QUESTION 3 Case Study Service ordering John is the operations manager of Come & Eat, a chain of themed restaurants. He has appointed you to review the current sales arrangements in his restaurants....

Q:

B Who is responsible for developing a shared code when coaches and players speak different languages? How might the rules of communication be worked out between individuals who speak different...

Q:

Define goals in terms of problems to be solved (for example, Our goal is to raise $4,000 to beautify Dixon Park), not values to be embodied (Our goal is to be good citizens of this community)....

Q:

What group are you spending most of your time in these days? What type of communication network exists in the group? Is that network helping the group achieve its goals? If not, what changes might...