ACCOUNTING HOMEWORK PLEASE HELP!!!?

Determine the company's break-even point in (a) number of lawns serviced per month and (b) dollars.

Break-even point in number of lawns = 112

Break-even point in dollars $5,600

Calculated as:

Fixed expenses include:

Depreciation $1,568 per month

Advertising $196 per month

Insurance $2,156 per month

That totals $3,920 per month.

The Variable expenses include:

Weed and feed materials $8 per lawn

Direct labor $6 per lawn

Fuel $1 per lawn

That totals $15 per lawn.

Since they charge $50 per lawn, the contribution margin per lawn is $50 - $15 = $35

The formula to solve for the breakeven point in units is:

$35X - $3,920 = 0, which reduces to

$35X = $3,920, which solves for X as

X = 112

So the breakeven point in number of lawns is 112

The breakeven point in dollars is (112 X $50) $5,600