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Nathan's Nerf Balls Company produce and sells nerf footballs and soccer balls. In the most recent...

Nathan's Nerf Balls Company produce and sells nerf footballs and soccer balls. In the most recent month, the nerf footballs had sales of $19,000 and variable expenses of $10,030. Nerf soccer balls, on the other hand, had sales of $32,000 and variable expenses of $15,980. The fixed expenses of Nathan's Nerf Balls Company were $45,940. The break-even point for Nathan's entire company is closest to:

Multiple Choice

  • $45,940

  • $71,950

  • $93,715

  • $93,755

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Answer #1

Total sales = 19000 + 32000 = 51000

Total Variable costs = 10030+15980 = 26010

Contribution margin ratio = Contribution margin/Sales

= (51000-26010)/51000

= 49%

Breakeven point = Fixed cost/Contribution margin ratio

= 45940/49%

= 93,755

Option D is the answer

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