Madison Corporation sells three products (M, N, and O) in the following sales mix: 1:1:3. Unit...
Madison Corporation sells three products (M, N, and O) in the
following sales mix: 1:1:3. Unit price and cost data are:
| M | N | O | ||||||
| Unit sales price | $ | 12 | $ | 8 | $ | 8 | ||
| Unit variable costs | 6 | 4 | 4 | |||||
Total fixed costs are $288,200. The break-even point in sales dollars for the current sales mix is (round to the nearest thousand):
Multiple Choice $226,443. $514,643. $288,200. $576,400. $ 10,293.
Homework Answers
Working note:
Answer:
| Break even point in sales dollars = Fixed cost / Weighted avg. contribution margin ratio |
| Break even point in sales dollars = $288,200/50% |
| Break even point in sales dollars = $576,400 |
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