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70 Brief Exercise 7-31. Break-Even Sales Dollars for a Multiple-Product Firm Objective 4 Example 7.8 Chillmax Company now sells both pairs of shoes and carryalls.
70 Brief Exercise 7-31. Break-Even Sales Dollars for a Multiple-Product Firm Objective 4 Example 7.8 Chillmax Company now sells both pairs of shoes and carryalls. Next year, Chillmax expects to produce total revenue of $210,000 and incur total variable cost of $81,375. Total fixed cost is expected to be $91,500. Required: 1. Calculate the break-even point in sales dollars for Chillmax. (Note: Round the contribution margin ratio to four decimal places and sales to the nearest dollar.) 371 2. Check your answer by preparing a contribution margin income statement
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