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Deprecated Deprecated
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Posts: 2784
7 years ago
Roberts Produce Company has fixed costs of $14,000. The company's contribution margin ratio is 46%, and the ratio of selling revenue to sales is 20%. What is the breakeven point in sales dollars? (Round your answer to the nearest dollar.)
A) $2,800
B) $70,000
C) $30,435
D) $6,440
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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Mrgo-breedMrgo-breed
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7 years ago
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Thanks!
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Happy to help Smiling Face with Open Mouth
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Thank you for helping the confused and just don't get it people like myself. 
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