A Electronic Business shows a net income of $3,000,000 last year. The contribution rate for the company was 50.0%, and the fixed cost are $4,000,000, how much are last years sales; Using the formulas below - Do not round.

Using formulas ;

Unit Variable Cost: VC = = TVC n S = Net Income Using a Total Revenue and Cost Approach: NI = n(S) (TFC + n(VC)) Unit Contribution Margin: CM=S-VC Net Income Using Total Contribution Margin Approach: NI = n(CM) TFC Contribution Rate if Unit Information Is Known: CR = CM X 100 X TR-TVC Contribution Rate if Aggregate Information Is Known: CR X 100 TR TFC Unit Break-Even: n= CM TFC Dollar Break-Even: TR =- CR Symbols Used CM = unit contribution margin CR = contribution rate n = number of pieces of data, which in this chapter is the level of output NI = net income S= unit selling price of the product TFC = total fixed cost TVC = total variable cost TR = total revenue VC = unit variable cost