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Break-Even Sales Dollars for a Multiple-Product. Firm Chillmax Company now sells both pairs of shoes and carryalls. Next year, Chillmax expects to produce total revenue

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Break-Even Sales Dollars for a Multiple-Product. Firm 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. Contribution Margin Ratio Break-Even in Sales Dollars 1 Feedback Check My Work Recall that the contribution margin can be used to compute break-even in units. Break-even is the sales needed to cover all costs, resulting in $0 profit. ContributionMarginRatio=SalesSalesTotalVariableCostBreak-EvenSalesDollars=ContributionMarginRatioTotalFixedCost Review the "How to Calculate the Break-Even Units for a Multiple-Product Firm" example in your text. 2. Check your answer by preparing a contribution margin income statement. Enter all amount as positive numbers. Feedback T Check My Work Zero operating income in the contribution margin income statement proves the answers from requirement 1 are correct. Review the "How to Prepare a Contribution Margin Income Statement" example in your text

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