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Compute the break-even point in dollars

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Question - Sheridan Company has two divisions; Sporting Goods and Sports Gear. The sales mix is 65% for Sporting Goods and 35% for Sports Gear. Sheridan incurs $5920000 in fixed costs. The contribution margin ratio for Sporting Goods is 30%, while for Sports Gear it is 50%. Compute the break-even point in dollars?

a. $13767442.

b. $16000000.

c. $2190400.

d. $14800000.

Reference no: EM132544102

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