Answer:
Total Contribution margin = 183,549+86,420= $269,969 |
Total revenue = $526,796+267,670 = $794,466 |
Contribution margin ratio = 269,969/794,466 = 33.98119% |
Breakeven sales = Fixed cost/Contribution margin ratio |
=$ 200,000/33.98119% |
= $588,561 |
X Company is starting a new merchandising business and provides the following budgets for its two...
X Company is starting a new merchandising business and provides the following budgets for its two products: Product Revenue $514,135 270,940 Total CM $190,278 53,165 Next year's budgeted fixed costs are $235,000. X Company would like to at least break even in its first year of operation; what must total sales be in order for that to happen [round unit numbers to two decimal places]? Assume that the budgeted product mix will not change. Submit Answer Tries 0/3
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X Company is starting a new merchandising business and provides
the following budgets for its two products: the answer is not
6000
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