TK Inc. manufactures clothes. TK Inc. reported the following information for its July production: sales of $250,000, variable costs of $160,000, and $110,000 of fixed costs. Company's management would like to know how much sales it needs to make to break even. 

What is the amount of sales required for break-even point?

Answer rating: 100% (QA)

To calculate the amount of sales required for the breakeven point we need to con... View the full answer