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Break even point

by | Sep 9, 2023 | accounting

Fields Corporation has two divisions; Sporting Goods and Sports Gear. The sales mix is 65% for Sporting Goods and 35% for Sports Gear. Fields incurs $2,220,000 in
fixed costs. The contribution margin ratio for Sporting Goods is 30%, while for Sports Gear it is 50%. The break-even point in dollars is
Answer
A.$5,550,000.
B.$6,000,000
C.$821,400.
D.$5,162,791.

  

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