Crane Corp. had total variable costs of $269,100, total fixed costs of $111,600, and total revenues of $390,000. Compute the required sales in dollars to break even.
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Ответ:
the break even point in dollars is $360,000
Explanation:
The computation of the break even sales in dollars is given below:
Break even sales in dollars is
= Fixed cost ÷ contribution margin ratio
where,
Contribution margin ratio is
= (Sales - variable cost) ÷ (Sales)
= ($390,000 - $269,100) ÷ ($390,000)
= 31%
Now the break even point in dollars is
= $111,600 ÷ 0.31
= $360,000
Hence, the break even point in dollars is $360,000
Ответ: