Henry Enterprises sells a single product with a contribution margin of $15 per unit, fixed costs of $90,000, and sales for the current year of $120,000. How much is Henry Enterprises' break-even point?

Henry Enterprises sells a single product with a contribution margin of $15 per unit, fixed costs of $90,000, and sales for the current year of $120,000. How much is Henry Enterprises' break-even point?

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter16: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 36P: Faldo Company produces a single product. The projected income statement for the coming year, based...

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How much is Henry Enterprises break even point?

Henry Enterprises sells a single
product with a contribution margin
of $15 per unit, fixed costs of $90,000,
and sales for the current year of
$120,000.
How much is Henry Enterprises'
break-even point?

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