A company manufactures and sells a product for $91 per unit.The company's fixed costs are $859,716 and its variable costs are $25 per unit.What is the company's break-even point in dollars? (Round all calculations to 2 decimal places.)
A) $627,592.68
B) $1,177,693.15
C) $622,982.60
D) $1,091,839.30
E) $66.00

Question

Quizplus · Accepted Answer

Contribution margin ratio = ($91 - $25)/$91 = .73
Break-even point = $859,716/0.73 = $1,177,693.15

A Company Manufactures and Sells a Product for $91 Per