Explain it correctly. Not solve in excel works. Handwriting on copy or typed with all steps Fixed Costs for 30,000 widgets (per year)_Business Lease$25,000Property Taxes$5,000Insurance$4,000Equipment$3,000Utilities$3,000Variable Costs (per unit produced)Materials$2.20Labor$4.00Overhead$0.80SalesSelling Price Per Unit $10.00How many units do you have to sell to breakeven?

Breakeven point = Fixed Costs/ Contribution per unit

Answered: Explain it correctly. Not solve in…

Business

Accounting

Explain it correctly. Not solve in excel works. Handwriting on copy or typed with all steps

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

Explain it correctly.

Not solve in excel works. Handwriting on copy or typed with all steps

Fixed Costs for 30,000 widgets (per year)_
Business Lease
$25,000
Property Taxes
$5,000
Insurance
$4,000
Equipment
$3,000
Utilities
$3,000
Variable Costs (per unit produced)
Materials
$2.20
Labor
$4.00
Overhead
$0.80
Sales
Selling Price Per Unit $10.00
How many units do you have to sell to breakeven?

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