Cleghorn Corporation produces and sells a single product. Data concerning that product appear below: Selling price per unit$160.00Variable expense per unit$70.40Fixed expense per month$153,216Required:Determine the monthly break-even in total dollar sales.
What will be an ideal response?
| Per Unit | Percent of Sales | |||||
| Selling price per unit | $ | 160.00 | 100 | % | ||
| Variable expense per unit | 70.40 | 44 | % | |||
| Contribution margin per unit and contribution margin ratio | $ | 89.60 | 56 | % | ||
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