Determine break-even point
Problem:
Quail, Inc. has a contribution margin of 46% and fixed costs of $166,520.
Required:
Question: What is the break-even point?
a. $89,921
b. $76,599
c. $362,000
d. $308,370.
Note: Provide support for your rationale.
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Question: What is the break-even point in units? Note: Provide support for your rationale.
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