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Pops Has a Cost Function of 3x2-25x + 34,374

question 61

Essay

Pops has a cost function of 3x2-25x + 34,374.74 and a revenue function of 5x2.Using Excel (or algebra),determine a breakeven point.What is their fixed cost? What is their break-even point in both units and dollar sales?


Definitions:

Sales Tax

Sales tax is a tax levied by governments on the sale of goods and services, typically calculated as a percentage of the sales price.

General Journal Entry

A record of financial transactions in the order in which they occur, used as the basis for all other financial reports.

Sales Tax

A government-imposed charge on the sale of goods and services.

General Journal Entries

The initial records of financial transactions, entered in the general journal, before they are posted to specific accounts in the general ledger.

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