X Company sells one product. The following price and cost information is for 2020: ...
80.2K
Verified Solution
Link Copied!
Question
Accounting
X Company sells one product. The following price and cost information is for 2020:
| Selling price | $17.70 | ||
| Variable manufacturing costs per unit | 10.70 | ||
| Variable selling and administrative costs per unit | 2.30 | ||
| Fixed manufacturing costs | 10,850 | ||
| Fixed selling and administrative costs | 11,170 | ||
X Company is uncertain what fixed selling and administrative costs will be in 2021. If unit sales in 2021 are expected to be 7,000, and X Company wants to break even, what must fixed selling and administrative costs be?
| A: $16,108 | B: $18,846 | C: $22,050 | D: $25,798 | E: $30,184 | F: $35,316 |
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.