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Chevenne Companv produces a single product. It sold 15,000 units last year, with the following results:
Sales $375300
Variable costs 225,000
Fixed posts 90,000
Income before taxes 60,000
Income taxes (45%) 27,000
Aftertax earnings $33,000
In an attempt to improve the company's product, Chevenne's managers are considering replacing a component part that costs $1.50 with a new and better part that costs $2.30 per unit during the coming 1year. A new machine would also be needed to increase plant capacity. The machine would cost $10,300 and have a useful life of six years, with no salvage value. The oompanv uses straight-line depreciation on all plant assets.
Problem 1: What was Cheyenne Company's breakeven point in units last year?
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