Answer:
Break-even point (dollars)= $593,100
Step-by-step explanation:
Giving the following information:
The selling price of the product is $235.00 per unit and its variable cost is $86.95 per unit. The fixed expense is $373,653 per month.
To calculate the break-even point in dollars, we need to use the following formula:
Break-even point (dollars)= fixed costs/ contribution margin ratio
Break-even point (dollars)= 373,653 / [(235 - 86.95)/235]
Break-even point (dollars)= $593,100