Roberts Produce Company has fixed costs of $14,000. The company's contribution margin ratio is 46%, and the ratio of selling revenue to sales is 20%. What is the breakeven point in sales dollars? (Round your answer to the nearest dollar.)
A) $70,000
B) $30,435
C) $6,440
D) $2,800
B .B) Required sales in dollars = (Fixed costs + Target profit) / Contribution margin ratio
Required sales in dollars = ($14,000 + 0 ) / 46% = $30,435
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