Question

Star Jewelry sells 500 units resulting in $75,000 of sales revenue, $28,000 of variable costs, and...

Star Jewelry sells 500 units resulting in $75,000 of sales revenue, $28,000 of variable costs, and $18,000 of fixed costs. Breakeven point in units is approximately:

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Breakeven in units will be 191.49 units or 192 units approximately

A

Sales price ($75000/500)

$        150.00

B

Variable cost ($28000/500)

$          56.00

C=A-B

Contribution margin

$          94.00

D

Fixed cost

$ 18,000.00

E= D/C

Breakeven point

191.49

Add a comment
Know the answer?
Add Answer to:
Star Jewelry sells 500 units resulting in $75,000 of sales revenue, $28,000 of variable costs, and...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT