In 2013 x company had revenue of 198000 and incurred the, Ask an Expert

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In 2013, X Company had revenue of $198,000 and incurred the following costs:

Direct materials			$37,620
Direct labor [all variable]			21,780
Variable overhead			39,600
Fixed overhead			15,300
Variable selling and administration			5,940
Fixed selling and administration			19,200

If revenue and cost relationships are not expected to change in 2014, what must revenue be in order for X Company to earn $80,000?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9954267

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