Concord Inc. sells two product lines. The sales mix of the product lines is: Standard, 80%;...

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Concord Inc. sells two product lines. The sales mix of the product lines is: Standard, 80%; and Deluxe, 20%. The contribution margin ratio of each line is: Standard, 20%; and Deluxe, 25%. Concord's fixed costs total $1,795,500. What is the dollar amount of Deluxe sales at the break-even point? Dollar amount of Deluxe sales at the break-even point $ Concord Inc. sells two product lines. The sales mix of the product lines is: Standard, 80%; and Deluxe, 20%. The contribution margin ratio of each line is: Standard, 20%; and Deluxe, 25%. Concord's fixed costs total $1,795,500. What is the dollar amount of Deluxe sales at the break-even point? Dollar amount of Deluxe sales at the break-even point $

Answer rating: 100% (QA)

To calculate the dollar amount of Deluxe sales at the breakeven point we need to use the following f... View the full answer