Stylish Sitting is a retailer of office chairs located in San Francisco, California. Due to...
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Accounting
Stylish Sitting is a retailer of office chairs located in San Francisco, California. Due to increased market competition, the CFO of Stylish Sitting has grown worried about the firm's upcoming income stream. The CFO asked you to use the company financial information provided below.
Sales
$77.00
Per-unit variable costs
Invoice cost
$42.70
Sales commissions
$18.40
Total per unit variable costs
$61.10
Total annual fixed costs
Advertising
$55,800
Rent
$80,000
Salaries
$228,100
Total fixed costs
$363,900
The annual breakeven point, in unit sales, is:
20,598
22,887
27,464
11,443
18,309
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