Reeve Corporation has total fixed costs of $275,000.Product X has a selling price of $74.00 per...
Reeve Corporation has total fixed costs of $275,000.Product X
has a selling price of $74.00 per unit and a variable cost of
$54.00 per unit.
Required: Calculate the breakeven point in units.
Homework Answers
Contribution margin=Sales-Variable cost
=74-54=$20 per unit
Breakeven=Fixed expenses/Contribution margin
=275,000/20
=13750 units
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Reeve Corporation has total fixed costs of $275,000.Product X
has a selling price of $74.00 per...
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