Question
Mabel Co manufactures and sells tables and chairs in a standard mix of one table to four chairs. The following information is available: Product Table
- Mabel Co manufactures and sells tables and chairs in a standard mix of one table to four chairs. The following information is available:
Product Table Chair
Variable cost per unit ($) 120 16
Contribution to sales ratio 0.4 0.6
Annual fixed costs are $100,000.
What is the breakeven point in sales revenue (to the nearest hundred dollars)?
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Managerial Accounting
Authors: John J Wild, Ken W. Shaw, Barbara Chiappetta
7th edition
1260482936, 978-1260482935
