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Kamila [148]
3 years ago
8

Sheridan Corp. had total variable costs of $224,200, total fixed costs of $143,500, and total revenues of $380,000. Compute the

required sales in dollars to break even.
Business
1 answer:
Ira Lisetskai [31]3 years ago
5 0

Answer:

$350,000

Explanation:

Computation for the required sales in dollars to break even.

First step is to calculate the Contribution margin

Revenues $380,000

less Variable costs $224,200

Contribution margin $155,800

Contribution margin ratio = 155,800 / 380,000= 41%

Break even sales in dollars = Total fixed costs / CM Ratio = $143,500/ 41% = $350,000

Therefore the required sales in dollars to break

even is $350,000

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Answer:

"$170 per unit" is the appropriate response.

Explanation:

The given values are:

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=  \frac{220,000}{4000}

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Hence,

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=  39+71+5+55

=  170 \ per \ unit ($)

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3 years ago
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MariettaO [177]

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4 years ago
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