In 2019, Deepika Company has sales of $800,000, variable costs of $200,000, andfixed costs of $300,000. In 2019, the company expects annual property taxestodecrease by $15,000.Required:a. Calculate operating income and the breakeven point for 2019.b. Calculate the breakeven point for 2019.

Solution Given Sales $800000 Variable cost 200000 Fixed cost 300000 Annual…

n 2019, Deepika Company has sales of $800,000, variable costs of $200,000, fixed costs of $300,000. In 2019, the company expects annual property to decrease by $15,000. Required: a. Calculate operating income and the breakeven point for 2019. 2010

n 2019, Deepika Company has sales of $800,000, variable costs of $200,000, fixed costs of $300,000. In 2019, the company expects annual property to decrease by $15,000. Required: a. Calculate operating income and the breakeven point for 2019. 2010

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

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Question

In 2019, Deepika Company has sales of $800,000, variable costs of $200,000, and
fixed costs of $300,000. In 2019, the company expects annual property taxes
to
decrease by $15,000.
Required:
a. Calculate operating income and the breakeven point for 2019.
b. Calculate the breakeven point for 2019.

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