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What must revenue be for X Company

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Reference no: EM132995380

Question - In 2020, X Company had revenue of $227,800 and incurred the following costs:

Direct materials $45,560

Direct labor 22,780

Variable overhead 47,838

Fixed overhead 16,400

Variable selling and administration 11,390

Fixed selling and administration 15,500

If revenue and cost relationships are not expected to change in 2021, what must revenue be in 2021 in order for X Company to earn $70,000?

Reference no: EM132995380

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