Sleepy Time is a retaller of luxury bed frames located In Los Angeles, California. Due to...
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Sleepy Time is a retaller of luxury bed frames located In Los Angeles, California. Due to a recent Industry-wide financial crisis, the CFO of Sleepy Time fears a significant drop In the firm's upcoming Income stream. The CFO asked you to use the company financlal Information provided below. Sales price per unit $ 3,300.00 Per-unit variable costs: Invoice cost 2,550.00 Sales commissions 290.00 Total per-unit variable costs $ 2,840.00 Total annual fixed costs: Advertising $ 230,900 Rent 177,000 Salaries 385,900 Total annual fixed costs $ 793,800 The annual breakeven polnt in dollars Is: (Do not round Intermedlate calculatlons.) Multiple Cholce $5,694,653. $5,394,653. $4.994.653. $5.494,653. $5,194,653. Sleepy Time is a retaller of luxury bed frames located In Los Angeles, California. Due to a recent Industry-wide financial crisis, the CFO of Sleepy Time fears a significant drop In the firm's upcoming Income stream. The CFO asked you to use the company financlal Information provided below. Sales price per unit $ 3,300.00 Per-unit variable costs: Invoice cost 2,550.00 Sales commissions 290.00 Total per-unit variable costs $ 2,840.00 Total annual fixed costs: Advertising $ 230,900 Rent 177,000 Salaries 385,900 Total annual fixed costs $ 793,800 The annual breakeven polnt in dollars Is: (Do not round Intermedlate calculatlons.) Multiple Cholce $5,694,653. $5,394,653. $4.994.653. $5.494,653. $5,194,653.
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