Data concerning Follick Corporation's single product appear below:
The break-even in monthly dollar sales is closest to:

Name: Data concerning Follick Corporation's single product appear below: The break-even in monthly dollar sales is closest to:
Brand: Quizplus
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Question

Data concerning Follick Corporation's single product appear below:
 The break-even in monthly dollar sales is closest to:

Quizplus · Accepted Answer

CM ratio = Unit contribution margin ÷ Unit selling price
= ($110.00 per unit - $30.80 per unit) ÷ $110.00 per unit
= $79.20 per unit ÷ $110.00 per unit = 0.72
Dollar sales to break even = Fixed expenses ÷ CM ratio
= $321,552 ÷ 0.72
= $446,600

Data Concerning Follick Corporation's Single Product Appear Below