Computing sales needed to break even


Q1) Senbet Ventures is thinking of starting new company to manufacture stereos. Sales price would be set at 1.5 times the variable cost per unit; VC/unit is estimated to be $2.50; and fixed costs are evaluated at $120,000. What sales volume would be needed to break even, that is, to have EBIT of zero for stereo business?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Computing sales needed to break even
Reference No:- TGS021313

Expected delivery within 24 Hours