Homework Answers
Answer: The Correct answer is $1,140,000
Selling price per unit = $150
Variable Cost per unit = Selling Price * 58%
Variable Cost per unit = $150 * 58%
Variable Cost per unit = $87
Contribution Margin per unit = Selling price – Variable Cost per
unit
Contribution Margin per unit = $150 - $87
Contribution Margin per unit = $63
Contribution Margin Ratio = Contribution Margin per unit /
Selling Price per unit * 100
Contribution Margin Ratio = $63 / $150 *100
Contribution margin Ratio = 42%
Break Even Point in Sales Dollar = Fixed Cost / Contribution
Margin Ratio
Break Even Point in Sales Dollar = $478,800 / 0.42
Break Even Point in Sales Dollar = $1,140,000
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