What is the breakeven point in sales revenue

Assignment Help Managerial Accounting

Reference no: EM133348453

Question: Mabel Co manufactures and sells tables and chairs in a standard mix of one table to four chairs. The following information is available:
Product Table Chair

Variable cost per unit ($) 120 16

Contribution to sales ratio 0.4 0.6

Annual fixed costs are $100,000.

What is the breakeven point in sales revenue (to the nearest hundred dollars)?

Reference no: EM133348453

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