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Crane Company has two divisionsStandard and Premium. Each division has hundreds of different types of tennis racquets and tennis products. The following information is available:
Crane Company has two divisionsStandard and Premium. Each division has hundreds of different types of tennis racquets and tennis products. The following information is available: (Round answer to 0 decimal places, e.g. 5,275.)
Standard Division | Premium Division | Total | |
Sales | $300000 | $700000 | $1000000 |
Variable costs | $180000 | 280000 | |
Contribution margin | $120000 | $420000 | |
Total fixed costs | $300000 |
What is the break-even point in dollars?
a. $162000.
b. $5000000.
c. $555556.
d. $375000.
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