In 2014 X Companys revenue was 180000 its total variable cos

In 2014, X Company\'s revenue was $180,000, its total variable costs were $111,600, and its fixed costs were $88,700. Assume that in 2015, the relationship between revenue and variable costs will not change, but fixed costs will increase by 24%. What will revenue have to be in order for X Company to breakeven in 2015?

Solution

After adding 24% to it, the fixed cost will become : $109,988

Revenue have to be : $199,429.2