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  3. presto corp. had total variable costs of $173,052,

Presto Corp. had total variable costs of $173,052, total fixed costs of $173,400, and total...

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Accounting

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Presto Corp. had total variable costs of $173,052, total fixed costs of $173,400, and total revenues of $303,600 Compute the required sales in dollars to break even. (Round answer to 0 decimal places, e.g. 1,225.) x- Required sales Russell Inc. had sales of $2,300,000 for the first quarter of 2017. In making the sales, the company incurred the following costs and expenses Cost of goods sold Selling expenses Administrative expenses Variable $940,000 74,000 96,000 Fixed $464,000 54,000 145,000 Prepare a CVP income statement for the quarter ended March 31, 2017 | RUSSELL INC. CVP Income Statement For the Quarter Ended March 31, 2017 Sales Variable Costs Administrative Expenses Fixed Costs Net Income/(Loss) 527000

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