ofLast year, Terrific Copying had total revenue of $455695, while operating at 61% ofcapacity. The total of its variable cost is $163783. Fixed costs were $238542. Whatis Terrific's break-even point expressed in dollars of revenue? Enter as dollars andcents without a dollar sign or comma.Answer:

Breakeven point is the point of sales where it is determined how much the fixed cost is required to…

Answered: Last year, Terrific Copying had total…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Last year, Terrific Copying had total revenue of $455695, while operating at 61% of capacity. The total of its variable cost is $163783. Fixed costs were $238542. What is Terrific's break-even point expressed in dollars of revenue? Enter as dollars and cents without a dollar sign or comma. Answer: