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What is the breakeven point in dollars

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Make It Shine can produce two types of lamps, the Table Top Model and the Floor model. The data on the two lamp models are as follows:

                                                          Table Top                                       Floor

Sales volume in units                        500                                     400

Unit sales price                              $300                                    $400

Unit variable cost                              200                                    240

Unit contribution margin                     $100                                 $160

  • It takes one machine hour to produce each product. Total fixed costs for the manufacture of both products are $90,000. Demand is high enough for either product to keep the plant operating at maximum capacity.

Question 1: Assuming that the sales mix remains constant, what is the breakeven point in dollars? (Round intermediate calculations to 4 decimal places and final answer up to the nearest whole number.)

Option A. $244,900

Option B. $945,667

Option C. $288,735

Option D. $306,513

Option E. $118,365

Reference no: EM132530796

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