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Below is an income statement for XYZ Company: Sales $400,000 Variable costs (100,000 ) Contribution margin $300,000 Fixed costs (250,000 ) Net Income $ 50,000
Below is an income statement for XYZ Company:
Sales | $400,000 |
Variable costs | (100,000) |
Contribution margin | $300,000 |
Fixed costs | (250,000) |
Net Income | $ 50,000 |
Based on the cost and revenue structure on the XYZ income statement, what was the break-even point in sales dollars (using theY-formula)?
a. | $666,667 |
b. | $566,667 |
c. | $433,333 |
d. | $333,333 |
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