A company’s budget for the next period shows that it would break even at sales revenue of $800 000 and fixed costs of $320 000.

The sales revenue needed to achieve a profit of $200 000 in the next period would be:

(a) $1000000

(b) $1300000

(c) $1320000

(d) $866 667

(2 marks)

CIMA P17 Performance Operations