Many Happy Returns, Inc., prepares income tax returns. It prepares 50,000 returns per year. Selling price per return Variable cost per return Annual fixed cost What is the company's breakeven point in units, Le., number of returns? Round up to the nearest whole return. $500 $100 $800,000
Many Happy Returns, Inc., prepares income tax returns. It prepares 50,000 returns per year. Selling price per return Variable cost per return Annual fixed cost What is the company's breakeven point in units, Le., number of returns? Round up to the nearest whole return. $500 $100 $800,000
Chapter4A: Nopat Breakeven: Revenues Needed To Cover Total Operating Costs
Section: Chapter Questions
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![QUESTION 18
Many Happy Returns, Inc., prepares income tax returns. It prepares 50,000 returns per year.
Selling price per return
$500
Variable cost per return i
$100
$800,000
Annual fixed cost
What is the company's breakeven point in units, i.e., number of returns? Round up to the nearest whole return.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Faa138f19-9d87-439b-932d-9d5d3e5bb88e%2F7df6b869-b44b-492d-9d4d-0508af52be4b%2Fdw7yefm_processed.jpeg&w=3840&q=75)
Transcribed Image Text:QUESTION 18
Many Happy Returns, Inc., prepares income tax returns. It prepares 50,000 returns per year.
Selling price per return
$500
Variable cost per return i
$100
$800,000
Annual fixed cost
What is the company's breakeven point in units, i.e., number of returns? Round up to the nearest whole return.
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