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Determine the company monthly break-even point

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Question - Massimo Corporation makes circuit boards and chips. Its monthly fixed costs average $2,310,000. The company has provided the following information about its two product lines:

 

Contribution Margin Ratio

Percentage of total sales

Circuit Board

45%

20%

Chips

30%

80%

Required -

a. Determine the company's monthly break-even point in sales dollars.

b. How much revenue must the company generate in the upcoming month for a monthly operating income of $1,380.000?

Reference no: EM133145608

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