Question: Nelsons Manufacturing has the following data: Variable costs are 60% of the unit selling price. The contribution margin ratio is 40%. The unit contribution margin
Nelsons Manufacturing has the following data: Variable costs are 60% of the unit selling price. The contribution margin ratio is 40%. The unit contribution margin is $500. Total fixed costs are $500,000. Which of the following does not express the break-even point in sales dollars?
$500,000 + .40X = X
$500,000 $500 $500 .40 = X
$500,000 + .60X = X
$500,000 .40 = X
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