Author Question: Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. The ... (Read 326 times)

crazycityslicker · **on:** Jun 7, 2019

Question 1

Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. The total of its variable cost is $150 000. Fixed costs were $180 000. What is Terrific's break-even point expressed in dollars of revenue?
◦ $263 158
◦ $300 000
◦ $289 855
◦ $1 077 844
◦ $900 000

Question 2

Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. The total of its variable cost is $150 000. Fixed costs were $180 000. If the current selling price, variable costs, and fixed costs are the same as last year, what net income can be expected from revenue of $500 000 in the current year
◦ $1 418 216
◦ $394 737
◦ $381 388
◦ $346 260
◦ $1 184 210

bdobbins · **Reply #1 on:** Jun 7, 2019

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