View the step-by-step solution to:

# The sales mix percentages for Novotna's Boston and Seattle Divisions are 70% and 30%. The contribution margin ratios are: Boston (40%) and Seattle...

The sales mix percentages for Novotna's Boston and Seattle Divisions are 70% and 30%. The contribution margin ratios are: Boston (40%) and Seattle (30%). Fixed costs are \$2,220,000. What is Novotna's break-even point in dollars?

a) \$777,000

b) \$6,000,000

c) \$6,342,856

d) \$6,727,272

Novotna's break-even point... View the full answer

break-even point... View the full answer

Here is the solution... View the full answer

The way to answer this question is ... View the full answer

Aggregate Contribution = (0.7*40) + (0.3*30) = 37% Break-even... View the full answer

Option "b) \$6... View the full answer

Break-even point   In accounting, the break-even point refers to the revenue needed to... View the full answer

### Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

### -

Educational Resources
• ### -

Study Documents

Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

Browse Documents