Wildhorse Incorporated makes track suits that sell for $50 each. Actual sales are $732,500. Management estimates that
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Question:
Wildhorse Incorporated makes track suits that sell for $50 each. Actual sales are $732,500. Management estimates that fixed costs will total $234,400 and variable costs will be $30 per unit this coming year.
(a) Calculate the break-even point in sales dollars using the contribution margin ratio. (Round contribution margin ratio to 6 decimal places, e.g. 15.296465% and final answer to 0 decimal places, e.g. 125.)
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