The following data are available for the Firempong Corporation for a recent month: Product 1 Product 2 Product 3 Total Sales... $150,000 $130,000 $90,000 $370,000 Variable expenses..... 91,000 104,000 27,000 222,000 Contribution margin.. $ 59,000 $ 26,000 $63,000 148,000 Fixed expenses.... 55,000 Net operating income... $ 93,000 The break-even sales for the month for the company are closest to: O A. $91,667 O B. $203,000 O C. $137,500 O D. $148,000

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter16: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 29E
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The following data are available for the Firempong Corporation for a recent month:
Product 1
Product 2
Product 3
Total
Sales...
$150,000
$130,000
$90,000
$370,000
Variable expenses...
91,000
104,000
27,000
222,000
Contribution margin...
$ 59,000
$ 26,000
$63,000
148,000
Fixed expenses...
55,000
Net operating income...
$ 93,000
The break-even sales for the month for the company are closest to:
O A. $91,667
O B. $203,000
O C. $137,500
O D. $148,000
Transcribed Image Text:The following data are available for the Firempong Corporation for a recent month: Product 1 Product 2 Product 3 Total Sales... $150,000 $130,000 $90,000 $370,000 Variable expenses... 91,000 104,000 27,000 222,000 Contribution margin... $ 59,000 $ 26,000 $63,000 148,000 Fixed expenses... 55,000 Net operating income... $ 93,000 The break-even sales for the month for the company are closest to: O A. $91,667 O B. $203,000 O C. $137,500 O D. $148,000
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