Brad Co. has introduced a new product in 2021. The following information relates tothis new product:Selling PriceVariable Manufacturing CostsVariable Selling CostsFixed Manufacturing CostsFixed Selling Costs$175$50$20$114,800$71,694$136,667$242,500$82,000$63,500The owner has asked you to calculate what the breakeven value of sales would be indollars?

The breakeven point is a point at which total cost is equal to total revenue.At this point there is…

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Accounting

calculate what the breakeven value of sales w

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

Brad Co. has introduced a new product in 2021. The following information relates to
this new product:
Selling Price
Variable Manufacturing Costs
Variable Selling Costs
Fixed Manufacturing Costs
Fixed Selling Costs
$175
$50
$20
$114,800
$71,694
$136,667
$242,500
$82,000
$63,500
The owner has asked you to calculate what the breakeven value of sales would be in
dollars?

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