Question:
Jennifer Company sells both chairs and tables at the following per unit data:
Unit Data
|
Tables
|
Chairs
|
Selling price
|
$200
|
$50
|
Variable costs
|
120
|
35
|
Contribution margin
|
$80
|
$15
|
Sales mix
|
1
|
4
|
Assuming $118,580 fixed costs, what is the total revenues in chairs Jennifer Company needs to break even?
a. $154,800
b. $169,400
c. $175,200
d. $188,600