Calloway Cab Company computes its break-even point strictly on the basis of cash expenditures related to fixed costs. Its total fixed costs are $470,000, but 15 percent of this value is represented by amortization. Its contribution margin (price minus variable cost) for each unit sold is $4.30. How many units does the firm need to sell to reach the cash break-even point?
3 Simple steps to get your paper done |
||
Step 1 |
Step 2 |
Step 3 |
| Place Order | Down to work | Paper is Ready! |
|
Takes just a few minutes! |
Best writer takes the order |
Access via your account |