Question
Alvin Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (9,000 units) $ 270,000
Alvin Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range.
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| Sales (9,000 units) | $ | 270,000 |
| Variable expenses |
| 162,000 |
| Contribution margin |
| 108,000 |
| Fixed expenses |
| 89,600 |
| Net operating income | $ | 18,400 |
The break-even point in dollar sales is closest to:
| a. | $224,000 | |
| b. | $246,000 | |
| c. | $270,000 | |
| d. | $261,600 |
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The Audit Process Principles Practice And Cases
Authors: Stuart Manson, Iain Gray, Iain G. Sheffield, I.H. Gray, I. Etal Gray
2nd Edition
1861520107, 9781861520104
