Accounting review problem, need help its for a test coming up?

Jeremy W

New member
can you help me with this problem?


The following data concern two products sold by Redding Corporation.


Product X
sales $87000
CM ratio 67%

Product Y
Sales in dollars-$46000

Contribution margin ratio
39%




If fixed expenses for the company as a whole are $118,560, the break-even point would be:(which one)


$275,721

$176,955

$304,000

$208,000
 
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