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Foundational 5-9 Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is
Foundational 5-9
Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): |
Sales | $ | 25,100 |
Variable expenses | 13,700 | |
Contribution margin | 11,400 | |
Fixed expenses | 7,752 | |
Net operating income | $ | 3,648 |
| | |
Required: |
What is the break-even point in sales dollars? (Do not round intermediate calculations. Round your answer to the nearest dollar amount.) |
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