Drake Company's contribution format income statement for the most recent year appears below:
-The break-even point in sales dollars is:

Name: Drake Company's contribution format income statement for the most recent year appears below: -The break-even point in sales dollars is:
Brand: Quizplus
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Question

Drake Company's contribution format income statement for the most recent year appears below: 
-The break-even point in sales dollars is:

Quizplus · Accepted Answer

CM ratio = Contribution margin F1F1F1S1F1F1F10 Sales
= $208,000 F1F1F1S1F1F1F10 $650,000 = 0.32
Dollar sales to break even = Fixed expenses F1F1F1S1F1F1F10 CM ratio
=$234,000 F1F1F1S1F1F1F10 0.32
= $731,250

Drake Company's Contribution Format Income Statement for the Most Recent