Nelson Manufacturing has the following data: Variable costs are 60% of the unit selling price.
The contribution margin ratio is 40%.
The contribution margin per unit is $500.
The fixed costs are $300,000.
Which of the following does not express the break-even point?
A)$300,000 + .60X = X
B)$300,000 + .40X = X
C)$300,000 ÷ $500 = X
D)$300,000 ÷ .40 = X

Question

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The Answer of Nelson Manufacturing has the following data: Variable costs are 60% of the unit selling price.
The contribution margin ratio is 40%.
The contribution margin per unit is $500.
The fixed costs are $300,000.
Which of the following does not express the break-even point?
A)$300,000 + .60X = X
B)$300,000 + .40X = X
C)$300,000 ÷ $500 = X
D)$300,000 ÷ .40 = X

Nelson Manufacturing Has the Following Data: Variable Costs Are 60