A company sells a single product that has a contribution margin ratio of 28%. If the company's total fixed costs are $84,000, what is the break-even point in dollar sales?
What will be an ideal response?
Break-even point in dollar sales = $84,000/0.28 = $300,000
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A partnership is a legal entity separate from its owners
a. True b. False Indicate whether the statement is true or false
Which one of the following types of costs should be included in the cost of a manufactured inventory?
A) abnormal spoilage B) production supervisory salaries C) interest costs D) selling costs
Discuss the different ways that can be adopted by small manufacturing firms to conduct market research
What will be an ideal response?
In 2012, Triple Play Sports Bar, was found to have committed an unfair labor practice when it unlawfully terminated the employment of two employees who had engaged in a Facebook conversation about the way their employer was handling tax withholdings.
The National Labor Relations Board held that the discussion of their tax treatment was substantively related to wages, hours, and working conditions and therefore protected by the National Labor Relations Act. In what ways might the study of labor relations have prevented Triple Play from violating a federal law protecting worker rights?