Variable selling and admin expenses

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Reference no: EM131065713

Quad city manufacturing reported the following items: Sales $6,000,000, Variable Cost of Production $1,500,000, Variable Selling and Admin expenses, $550,000, Fixed Costs, $1,350,000, EBIT $2,600,000 and the marginal tax rate of 35%. Quad City’s breakeven point in sales dollars is?

A-$2,050,633

B-$2,438,750

C-$2,197,500

D-$2,785,000

Reference no: EM131065713

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