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What is pharoah breakeven point in sales dollars

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Reference no: EM132181050

Exercise - Pharoah Profiles provides testing services to school districts that wish to assess students' reading and mathematical abilities. Last year Pharoah evaluated 68,500 math tests and 22,833 reading tests. An income statement for last year follows.

 

Math Testing

Reading Testing

Total Company

Total

Per Unit

Total

Per Unit

Sales revenue

$1,370,000

$20

$867,654

$38

$2,237,654

Variable expenses

890,500

13

388,161

17

1,278,661

Contribution margin

$479,500

$7

$479,493

$21

958,993

Fixed expenses

 

 

 

 

360,000

Operating income

 

 

 

 

$598,993

What is Pharoah's breakeven point in sales dollars?

Reference no: EM132181050

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