Data concerning Carlo Corporation's single product appear below: The break-even in monthly dollar sales is closest to:

Question

Data concerning Carlo Corporation's single product appear below:  The break-even in monthly dollar sales is closest to:

Quizplus · Accepted Answer

CM ratio = Unit contribution margin F1F1F1S1F1F1F10 Unit selling price
= ($230 per unit - $69 per unit)F1F1F1S1F1F1F10 $230 per unit
= $161 per unit F1F1F1S1F1F1F10 $230 per unit = 0.70
Dollar sales to break even = Fixed expenses F1F1F1S1F1F1F10 CM ratio
= $466,900 F1F1F1S1F1F1F10 0.70
= $667,000

Data Concerning Carlo Corporation's Single Product Appear Below: the Break-Even