Below is an income statement for XYZ Company: Sales $800,000 Variable costs (200,000) Contribution margin $600,000 Fixed
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Below is an income statement for XYZ Company:
Sales | $800,000 |
Variable costs | (200,000) |
Contribution margin | $600,000 |
Fixed costs | (450,000) |
Net Income | $ 150,000 |
. Based on the cost and revenue structure on the XYZ income statement, what was the break-even point in sales dollars
Related Book For
Management Accounting
ISBN: 978-0132570848
6th Canadian edition
Authors: Charles T. Horngren, Gary L. Sundem, William O. Stratton, Phillip Beaulieu
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