Question: Compute the Break Even Point for the company below: Wolfgang's Steak House Income Statement for Year Ended December 31, 2016 $1 Sales (20,000 units @

Compute the Break Even Point for the company below: Wolfgang's Steak House Income Statement for Year Ended December 31, 2016 $1 Sales (20,000 units @ $50 each) ,000,000 Less: Variable costs (20,000 units @ $20 each) 400,000 Less Fixed Costs 200,000 Earnings before interest & taxes(EBIT) $400,000 Interest expense 75,000 Earnings before taxes $325,000 Income tax expense (30%) 97,500 Earnings after taxes $227,500 A.A. O Units B.B. 6,666 Units C.C. 5,000 Units D.D. 12,000 Units

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