What is the break-even point in dollars, Accounting Basics

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What is the break-even point in dollars

Fields Corporation has two divisions; Sporting Goods and Sports Gear. The sales mix is 65% for Sporting Goods and 35% for Sports Gear. Fields incurs $2,220,000 in fixed costs. The contribution margin ratio for Sporting Goods is 30%, while for Sports Gear it is 50%. what is the break-even point in dollars ?

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Accounting Basics: What is the break-even point in dollars

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Accounting Basics: What is the break-even point in dollars

Reference No:- TGS091480

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Recent Questions Asked Accounting Basics

Q : What is the weighted-average contribution margin ratio

Q : What is organization effectiveness

Q : Calculate the optimum ordering quantity for the item

Q : Develop flexible budgets based on the assumptions

Q : What is the break-even point in dollars

Q : Suggest at least one idea for training

Q : Human capital commonwealth needs

Q : Ending inventory of finished goods

Q : What are the major innovations

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is the break-even point in dollars

Reference No:- TGS091480

Recent Questions Asked Accounting Basics

Q : What is the weighted-average contribution margin ratio

Q : What is organization effectiveness

Q : Calculate the optimum ordering quantity for the item

Q : Develop flexible budgets based on the assumptions

Q : What is the break-even point in dollars

Q : Suggest at least one idea for training

Q : Human capital commonwealth needs

Q : Ending inventory of finished goods

Q : What are the major innovations

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