Break-Even Sales Molson Coors Beverage Company (TAP) reported the following operating information for...
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BreakEven Sales Molson Coors Beverage Company TAP reported the following operating information for a recent year in millions: Line Item Description Amount Net sales $ Cost of goods sold Gross profit $ Selling, general, and admin. expenses Operating income $ Before special items Assume that Molson Coors sold million barrels during the year, variable costs were of the cost of goods sold and of selling, general, and administrative expenses, and that the remaining costs are fixed. For the following year, assume that Molson Coors expects pricing, variable costs per barrel, and fixed costs to remain constant, except that new distribution and general office facilities are expected to increase fixed costs by $ million. a Compute the breakeven sales barrels for the current year. Round intermediate computations to the nearest cent and final answer up to the nearest whole barrel. fill in the blank of barrels b Compute the anticipated breakeven sales barrels for the following year. Round intermediate computations to the nearest cent and final answer up to the nearest whole barrel. fill in the blank of barrels
BreakEven Sales
Molson Coors Beverage Company TAP reported the following operating information for a recent year in millions:
Line Item Description
Amount
Net sales
$
Cost of goods sold
Gross profit
$
Selling, general, and admin. expenses
Operating income
$
Before special items
Assume that Molson Coors sold million barrels during the year, variable costs were of the cost of goods sold and of selling, general, and administrative expenses, and that the remaining costs are fixed. For the following year, assume that Molson Coors expects pricing, variable costs per barrel, and fixed costs to remain constant, except that new distribution and general office facilities are expected to increase fixed costs by $ million.
a Compute the breakeven sales barrels for the current year. Round intermediate computations to the nearest cent and final answer up to the nearest whole barrel.
fill in the blank of
barrels
b Compute the anticipated breakeven sales barrels for the following year. Round intermediate computations to the nearest cent and final answer up to the nearest whole barrel.
fill in the blank of
barrels
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