Break-Even Point Sheridan Inc. sells a product for $96 per unit. The variable cost is $65 per unit, while fixed costs are $103,788. Determine (a) the break-even point in sales units and (b) the break-even point if the selling price were increased to $101 per unit. a. Break-even point in sales units b. Break-even point if the selling price were increased to $101 per unit units units
Break-Even Point Sheridan Inc. sells a product for $96 per unit. The variable cost is $65 per unit, while fixed costs are $103,788. Determine (a) the break-even point in sales units and (b) the break-even point if the selling price were increased to $101 per unit. a. Break-even point in sales units b. Break-even point if the selling price were increased to $101 per unit units units
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Break-Even Point
Sheridan Inc. sells a product for $96 per unit. The variable cost is $65 per unit, while fixed costs are $103,788.
Determine (a) the break-even point in sales units and (b) the break-even point if the selling price were increased to $101 per unit.
a. Break-even point in sales units
b. Break-even point if the selling price were increased to $101 per unit
units
units](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9ba1949d-d3a6-49cc-8436-2391e50648fa%2F97e7ef8d-56b5-4312-a095-71566fd83771%2Fznhljkj_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Break-Even Point
Sheridan Inc. sells a product for $96 per unit. The variable cost is $65 per unit, while fixed costs are $103,788.
Determine (a) the break-even point in sales units and (b) the break-even point if the selling price were increased to $101 per unit.
a. Break-even point in sales units
b. Break-even point if the selling price were increased to $101 per unit
units
units
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