Jamie Quinn, a sole proprietor, has the following projected figures for next year: Selling price per unit $150.00 Contribution margin per unit $45.00 Total fixed costs $630,000 What is the break-even point in dollars? a.$2,100,000 b.$426,000 c.$189,000 d.$900,000

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter4A: Nopat Breakeven: Revenues Needed To Cover Total Operating Costs
Section: Chapter Questions
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Jamie Quinn, a sole proprietor, has the following projected figures for next year:

Selling price per unit $150.00
Contribution margin per unit $45.00
Total fixed costs $630,000

What is the break-even point in dollars?
a.$2,100,000
b.$426,000
c.$189,000
d.$900,000
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