Homework SoursePrice and cost information relating to Marble Ltds only prod
Price and cost information relating to Marble, Ltd\'s only product is shown below:
Selling price per unit
$60.00
Variable expense per unit
$45.00
Fixed expense per month
$390,000
The break-even in sales dollars is _______.
You must enter your answer in the following format: $x,xxx
| Selling price per unit | $60.00 |
| Variable expense per unit | $45.00 |
| Fixed expense per month | $390,000 |
Solution
Calculation of break-even in sales dollars
Break-even in sales dollars=Fixed expenses ÷ Contribution margin percentage
=390,000/(60-45/65)
=390,000/25%
=$15,60,000
