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

Question

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

Quizplus · Accepted Answer

Unit CM = Selling price per unit - Variable expenses per unit
= $230.00 per unit - $82.80 per unit = $147.20 per unit
CM ratio = Unit CM F1F1F1S1F1F1F10 Unit selling price = $147.20 per unit F1F1F1S1F1F1F10 $230.00 per unit = 0.64
Dollar sales to break even = Fixed expenses F1F1F1S1F1F1F10 CM ratio
= $646,208 F1F1F1S1F1F1F10 0.64 = $1,009,700

Data Concerning Delmore Corporation's Single Product Appear Below