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What would revenue have to be in order for X Company

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Reference no: EM132241082

Question - The following is X Company's 2018 Income Statement:

Revenue

$256,900

Less:

 

Variable manufacturing expenses

105,700

Variable period expenses

32,900

Total contribution margin

$118,300

Less:

 

Fixed manufacturing expenses

30,000

Fixed period expenses

25,000

Profit

$63,300

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]?

Reference no: EM132241082

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