During FY 2020, Horizon Technologies plans to sell Gadgets for $15 a unit. Current variable costs are $10 a unit and fixed costs are expected to total $200,000. Use this information to determine the dollar value of sales for Horizon Technologies to break even. (Round to the nearest whole dollar.)

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter14: Capital Structure Management In Practice
Section14.A: Breakeven Analysis
Problem 4P
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During FY 2020, Horizon Technologies plans to sell Gadgets for
$15 a unit. Current variable costs are $10 a unit and fixed costs are
expected to total $200,000. Use this information to determine
the dollar value of sales for Horizon Technologies to break even.
(Round to the nearest whole dollar.)
Transcribed Image Text:During FY 2020, Horizon Technologies plans to sell Gadgets for $15 a unit. Current variable costs are $10 a unit and fixed costs are expected to total $200,000. Use this information to determine the dollar value of sales for Horizon Technologies to break even. (Round to the nearest whole dollar.)
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