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Allen corp, has a contribution margin of 46% and fixed costs of 250,930. What is the break-even point in sales dollars? $250,930 $294,570 $545,500 $115,428

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 6MC: If a company has fixed costs of $6.000 per month and their product that sells for $200 has a...

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Concept explainers

Pricing

Pricing is used as a term in finance and economics, pricing is the process of fixing a value for a product or a service. Pricing establishes a value for a product or service that the customer has to pay. A business can choose from different strategies while deciding to set prices.

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Allen corp, has a contribution margin of 46% and fixed costs of 250,930. What is the break-even point in sales dollars?
$250,930
$294,570
$545,500
$115,428

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