Question

Data concerning Wang Corporations single product appear below: (Do not round your intermediate calculations.) Selling price

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Answer #1

Correct answer will be $214000

Detail working for your refrene

Contribution per Unit= Sales- Variable cost
=220-74.80=145.20
CM Ratio= Contribution/ Sales
=$145.20/ 220=66%
BEP Sales= Fixed Expense/ CM Ratio
=141240/66%= $214000
Let me know if any doubt Kindly mark with positive rating it would help me lot. Thanks in advance.
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