Problema company has fixed costs of 89600 its contribution, Ask an Expert

Accounting

Problem:

A company has fixed costs of $89,600. Its contribution margin ratio is 28% and the product sells for $82 per unit.

Required:

Question: What is the company's break-even point in dollar sales?

Note: Please describe comprehensively and provide step by step solution.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91165462

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