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Concession Supply sells hotdogs,buns,and nacho ingredients to several major league ballparks across the country.Currently,Concession Supply has the following pricing information for one case of hotdogs sold at Wrigley Field: Total fixed costs = $1,200,Selling price = $16,and Variable costs = $6.
-Refer to Scenario 19.1.What is the breakeven point in dollar sales volume?

Question

Quizplus · Accepted Answer

The breakeven point can be calculated using the formula: 
Breakeven point = (Total fixed costs) / (Selling price - Variable costs per unit)
Breakeven point = ($1,200) / ($16 - $6) = $1,920
Therefore, the breakeven point in dollar sales volume is $1,920. 
Option D is the correct answer.

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