Breakeven Point in Sales $
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Oxicon Incorporated manufactures several different types of candy for various retail stores. The accounting manager has requested that you determine the sales dollars required to break even for next quarter based on past financial data. Your research tells you that the total variable costs will be $480,000, total sales will be $720,000, and fixed costs will be $105,000. What is the breakeven point in sales dollars? (Do not round intermediate calculations.)
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Solution Summary
Step-by-step calculations are shown to find the breakeven point.
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Step 1)
Note the values that are given in the question.
Total Variable Costs = $480,000
Total Sales = $720,000
Fixed Costs = $105,000
Step 2) ...
Education
- MSc, California State Polytechnic University, Pomona
- MBA, University of California, Riverside
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- BSc, California State Polytechnic University, Pomona
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