Question: I don't understand how to work this problelm. Vanity Fair had a contribution margin of $15,000 on sales of $22,000 and had fixed cost of

I don't understand how to work this problelm. Vanity Fair had a contribution margin of $15,000 on sales of $22,000 and had fixed cost of $9,750. Calculate its break-even point in sales dollars.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

help with project template included to fill out for project 6 2 3 4 Revenue per Carwash (Per carwash) 5 Variable Costs (per carwash): z Utilities (Elec/gas/water) 8 Detergents/Chemicals 9 Maintenance...

Q:

Crossroads:Which wash is the best wash? Ron Christian and his wife, Kay established a carwash, Crossroads on 20 acres of worthless desert land 30 years ago on the outskirts of El Paso. They would...

Q:

Crossroads:Which wash is the best wash? Ron Christian and his wife, Kay established a carwash, Crossroads on 20 acres of worthless desert land 30 years ago on the outskirts of El Paso. They would...

Q:

Chrome File Edit View History Bookmarks Profiles Tab Window Help G 8 Wed Mar 15 11:54 PM Question 4 - Chapter 6 + > C Chegg Search *Course Hero X *Course Hero Homework Help - Q&A fr x New Tab + C...

Q:

Super Rich Business Person (SRBP) is opening a new merchandising company, COMPANY 2. SRBP owns several companies, but COMPANY 1 is very similar to COMPANY 2 (market size and characteristics, product...

Q:

Cost Samson Inc. has a contribution margin percentage of 35%. If fixed costs are P630,000, what is the break-even point? O a. P 220,500 b. P 409,500 C. P 969,231 O d. P1,800,000Scottso Enterprises...

Q:

Super Rich Business Person (SRBP) is opening a new merchandising company, COMPANY 2. SRBP owns several companies, but COMPANY 1 is very similar to COMPANY 2 (market size and characteristics, product...

Q:

Super Rich Business Person (SRBP) is opening a new merchandising company, COMPANY 2. SRBP owns several companies, but COMPANY 1 is very similar to COMPANY 2 (market size and characteristics, product...

Q:

I did the first half of this, can I recieve help with the second half of this? This is the beginning of the first part that was not provided. I'm providing it now. INPUT SECTION SALES 4th Quarter...

Q:

I did the first part of this, can I recieve help with the second part of it. I provided all the needed information to complete. I've had previously posted this and a chegg member helped me with 4...

Q:

lim of (x^2)/(sin^2(5x)) as x approaches 0 Find the limit.

Q:

Describe three or four types of jobs and career opportunities in information systems and in related fields.

Q:

The Question of Causation

Q:

Maslow's hierarchy of needS eplain why people may steal

Q:

1. Who Moved My Cheese? is the all-time best-selling book in Amazon.coms history and is printed in 42 languages. Analyze why organizations around the world would buy millions of these books for their...

Q:

1. The first Stew Leonards retail grocery was established in 1969. Do you think the culture established and nurtured at this successful firm could be adopted by other retail grocery stores? Explain...

Q:

1. In the bright light of hindsight, most of us would probably say we would blow the whistle on these instances had we been a witness to them, especially because there was so much money involved. But...