Mader company produces and sells a single product whose selling price is $240 per unit and whose variable expense is $86.40 per unit. The company's fixed expense is $720,384 per month.
Required: Determine the monthly break even in either unit or total dollar sales.
per unit percent of sales
selling price per unit... $240 100%
variable expense per unit... 86.40 36%
contribution margin per unit/ CM ratio 153.60 64%