Question
Milo Company distributes packages. The companys sales and expenses for February 2022 follow: Sales $420,000 $4.2 Variable expenses $242,000 2.42 Contribution margin 178,000 1.78 Fixed
Milo Company distributes packages. The companys sales and expenses for February 2022 follow:
| Sales | $420,000 | $4.2 |
| Variable expenses | $242,000 | 2.42 |
| Contribution margin | 178,000 | 1.78 |
| Fixed expenses | 124,000 |
|
| Net operating income | $54,000 |
|
What is the monthly break-even point in dollar sales?
Select one:
a. $302,000
b. $178,584
c. $292,584
d. $420,000
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Financial Reporting And Auditing In Sovereign Operations Technical Guidance Note
Authors: Asian Development Bank
1st Edition
9292698192, 978-9292698195
