steelelakyn4817 steelelakyn4817
  • 10-11-2020
  • Business
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Quail, Inc., has a contribution margin of 40% and fixed costs of $121,840. What is the break-even point in sales dollars

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Tundexi
Tundexi Tundexi
  • 11-11-2020

Answer:

$304,600

Explanation:

Break-even point = Fixed cost / Contribution margin

Break-even point = $121,840 / 0.4

Break-even point = $304,600

Therefore, the break-even point is $304,600

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