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Concord Corporation has two divisionsStandard and Premium. Each division has hundreds of different types of tennis racquets and tennis products. The following information is available:
Concord Corporation has two divisionsStandard and Premium. Each division has hundreds of different types of tennis racquets and tennis products. The following information is available:
Standard Division | Premium Division | Total | |
Sales | $400000 | $600000 | $1000000 |
Variable costs | 320000 | 400000 | |
Contribution margin | $80000 | $200000 | |
Total fixed costs | $300000 |
What is the break-even point in dollars?
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