Corny and Sweet grows and sells sweet corn at its roadside produce stand.The selling price per dozen is $3.75,variable costs are $1.25 per dozen,and total fixed costs are $750.00.What are breakeven sales in dollars?

Question

Quizplus · Accepted Answer

D)
Sales $3.75
Variable costs 1.25
Contribution Margin $2.50
Fixed Expenses $750 divided by Contribution Margin $2.50 = 300 Breakeven
Breakeven Sales units 300 × $3.75 = $1,125 Breakeven sales dollars

Corny and Sweet Grows and Sells Sweet Corn at Its