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The data to the right pertain to the operating budget of Jones Manufacturing. Compute the contribution rate and the break-even point in sales dollars. Sales
The data to the right pertain to the operating budget of Jones Manufacturing. Compute the contribution rate and the break-even point in sales dollars. Sales $3,220,000 Fixed cost $200,000 Total variable cost $1,610,000 Total cost $1,810,000 Net income $1,410,000 The contribution rate is %. (Type a whole number.) The break-even point in sales dollars is $ (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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