Wimpy Inc. produces and sells a single product. The selling price of the product is $195.00 per unit and its variable cost is $78.00 per unit. The fixed expense is $348,660 per month.
The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.)
The break-even in monthly dollar sales is closest to: $581,100
Working
A | Sale Price per unit | $ 195.00 |
B | Variable Cost per Unit | $ 78.00 |
C=A x B | Unit Contribution | $ 117.00 |
D | Total Fixed cost | $ 348,660.00 |
E=D/C | Breakeven point in units | 2,980.00 |
F= E x A | Breakeven in sales dollars | $ 581,100 |
Wimpy Inc. produces and sells a single product. The selling price of the product is $195.00...
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