Zander Company has fixed costs of $14,000.The company's contribution margin ratio is 46%.What is the breakeven point in sales dollars? (Round your answer to the nearest dollar.)

Name: Zander Company has fixed costs of $14,000.The company's contribution margin ratio is 46%.What is the breakeven point in sales dollars? (Round your answer to the nearest dollar.)
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Question

Quizplus · Accepted Answer

Required sales in dollars = (Fixed costs + Target profit) / Contribution margin ratio
Required sales in dollars = ($14,000 + 0) / 46% = $30,435

Zander Company Has Fixed Costs of $14,000