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QuadCity Manufacturing, Inc. reported the following items: Sales = $8,000,000; Variable Costs of Production = $1,500,000; Variable Selling and Administrative Expenses = $550,000; Fixed Costs

QuadCity Manufacturing, Inc. reported the following items: Sales = $8,000,000; Variable Costs of Production = $1,500,000; Variable Selling and Administrative Expenses = $550,000; Fixed Costs = $1,350,000; EBIT = $4,600,000; and the Marginal Tax Rate = 21%. QuadCity's break even point in sales dollars is closest to

Selected Answer: $2,050,633.

Answers: $2,197,520.

$1,815,126.

$2,785,624.

$2,050,633.

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