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Roger's Steel Parts produces parts for the automobile industry. The company has monthly fixed expenses of...

Question:

Rogers Steel Parts produces parts for the automobile industry. The company has monthly fixed expenses of $640,000 and a cont

Roger's Steel Parts produces parts for the automobile industry. The company has monthly fixed expenses of $640,000 and a contribution margin of 90% of revenues. Read the requirements. Requirement 1. Compute Roger's Steel Parts' monthly breakeven sales in dollars. Begin by identifying the formula. ( Fixed expenses + Operating income ) Contribution margin ratio = Breakeven sales in dollars Compute Roger's Steel Parts' monthly breakeven sales in dollars. (Round your answer up to the nearest whole number.) The breakeven sales in dollars is

Answers

Break-Even sales Dollars = ( Fixed cost + operating Profit) / Contibution MArgin

Total Break-Even Sales in Dollars = ( $640,000+ 0) / 90% = $ 711,111 (Answer)

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