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QUESTION
The following is X Company's 2018 Income Statement: Revenue Less: Variable manufacturing expenses Variable period expenses Total contribution margin...
Assume that in 2019, the relationship between sales and variable costs will not change, nor will fixed costs. Management thinks that there will be decreased demand for its products. What would revenue have to be in 2019 in order for X Company to break even [round all rates to two decimal places]?
The following is X Company's 2018 Income Statement: Revenue Less:Variable manufacturing expensesVariable period expenses Total contribution margin Less:Fixed manufacturing expensesFixed period expenses Profit $256,900 105,70032.900$118,300 30,00025,000$63,300