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Calculating Breakeven in Sales for Bowling Balls

MGRACT-V4AGLE

Zibot Corp manufactures bowling balls. Currently, the bowling balls have a retail selling price is \$33, the contribution margin ratio is 40% and annual fixed costs are \$48,000? What amount of revenue in actual sales dollars does Zibot need to make to break even?

A

$125,000

B

$79,333

C

$100,000

D

$120,000