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Current Attempt in Progress Sandhill Monograms sells stadium blankets that have been monogrammed with high school and univers   
What is Sandhills annual breakeven point in sales dollars? (Use the rounded contribution margin ratlo a to compute breakeven
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Answer #1
Contirbution margin ratio = 1 - Variable cost ratio = 1 - 40% 60%
Annual fixed expenses = Monthly fixed expenses * 12 = 118000 * 12 = 1416000
Breakeven sales = Annual fixed expense / Contribution margin ratio = 1416000 / 60% = 2360000
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