(Answered) Question - jetson co sold 20300 units of its only product

Accounting

Question - Jetson Co. sold 20,300 units of its only product and incurred a $78,798 loss (ignoring taxes) for the current year as shown here. During a planning session for year 2012's activities, the production manager notes that variable costs can be reduced 50% by installing a machine that automates several operations. To obtain these savings, the company must increase its annual fixed costs by $153,000. The maximum output capacity of the company is 40,000 units per year.

JETSON COMPANY Contribution Margin Income Statement For Year Ended December 31, 2011
Sales	$767,340
Variable costs	537,138
Contribution margin	230,202
Fixed costs	309,000
Net loss	$(78,798)

Compute the break-even point in dollar sales for year 2011.

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