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A firm sells its product for $40 per unit. Its direct material costs are $7 per unit and direct labour costs are $5. Fixed manufacturing overhead costs are $44,000 and variable overhead costs are $6 per unit. Calculate the required sales in dollars to break even. Required sales in dollars $

A firm sells its product for $40 per unit. Its direct material costs are $7 per unit and direct labour costs are $5. Fixed manufacturing overhead costs are $44,000 and variable overhead costs are $6 per unit. Calculate the required sales in dollars to break even. Required sales in dollars $

FINANCIAL ACCOUNTING
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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A firm sells its product for $40 per unit. Its direct material costs are $7 per unit and direct labour costs are $5. Fixed manufacturing overhead costs are $44,000 and variable overhead costs are $6 per unit. Calculate the required sales in dollars to break even. Required sales in dollars $
Transcribed Image Text:A firm sells its product for $40 per unit. Its direct material costs are $7 per unit and direct labour costs are $5. Fixed manufacturing overhead costs are $44,000 and variable overhead costs are $6 per unit. Calculate the required sales in dollars to break even. Required sales in dollars $
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