April Industries sells a product with a contribution margin of $12 per unit, fixed costs of $223,200, and sales for the current year of $300,000. How much is April’s break-even point? Group of answer choices 13,800 units $76,800 18,600 units 6,400 units

April Industries sells a product with a contribution margin of $12 per unit, fixed costs of $223,200, and sales for the current year of $300,000. How much is April’s break-even point? Group of answer choices 13,800 units $76,800 18,600 units 6,400 units

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

April Industries sells a product with a contribution margin of $12 per unit, fixed costs of $223,200, and sales for the current year of $300,000. How much is April’s break-even point?

Group of answer choices

13,800 units

$76,800

18,600 units

6,400 units

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