S&S Company manufacturers a single product which sells for $30. S&S has fixed costs of $150,000...
S&S Company manufacturers a single product which sells for $30. S&S has fixed costs of $150,000 and a contribution margin of 40%. What is the breakeven point in sales?
A. $525,000
B. $375,000
C. $150,000
D. $250,000
Homework Answers
B. $375,000
Breakeven point in sales = Fixed costs / Contribution margin ratio
Breakeven point in sales = $150,000 / 0.40
Breakeven point in sales = $375,000
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