Question: Based on the inofrmation for the previous month listed below, calculate the break-even point in sales dollars for next month as well as the sales
Based on the inofrmation for the previous month listed below, calculate the break-even point in sales dollars for next month as well as the sales required to have $500 in after-tax profit. Sales Food Costs Other Variable Costs Total Variable Costs $$$ % of sales $8,900 100.00% $2,670 30.00% $2,440 27.42% $5,110 57.42% Fixed costs $3,100 Break-even point in dollars Desired after-tax profit Tax rate Before-tax profit $500.00 30% Sales required to achieve desired after-tax profit
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
