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Expected sales 10,000 units at $8 each Variable costs $5 per unit Fixed Costs $21,000 Assume $3,000 profit is expected, what is the Break-even Revenue in dollars to achieve this objective?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Expected sales 10,000 units at $8 each

Variable costs $5 per unit

Fixed Costs $21,000

Assume $3,000 profit is expected, what is the Break-even Revenue in dollars to achieve this objective?

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