scfightonjimenez scfightonjimenez
  • 23-07-2022
  • Business
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calculate the break even sales dollars if the fixed expenses are $7000 and the contribution ratio is 40%?

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adepojuquyum
adepojuquyum adepojuquyum
  • 24-07-2022

Explanation:

break even points is the situation where thier is no profit or loss

the formula for break even point is fixed cost divided by contribution

break even = fixed cost

_________

contribution

fixed cost = $7000

contribution = 40%

= 7000/40

= 175

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