Solution-Determine the break-even point in sales dollars

Determine the break-even point in sales dollars

Reference no: EM13525356

Stratford Company distributes a lightweight lawn chair that sells for $120 per unit. Variable expenses are $60.00 per unit, and fixed expenses total $200,000 annually.

Required:

1. What is the product's CM ratio?(Do not round intermediate calculations. Omit the "%" sign in your response.)

2. Use the CM ratio to determine the break-even point in sales dollars.

Reference no: EM13525356

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Determine the break-even point in sales dollars

Reference no: EM13525356

Reference no: EM13525356

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