A companys budget for the next period shows that it would break even at sales revenue of

Question:

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) $1 000 000
(b) $1 300 000
(c) $1 320 000
(d) $866 667