Question
Move Down South Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (9,000 units)
Move Down South 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) | $ | 180,000 |
| Variable expenses |
| 111,600 |
| Contribution margin |
| 68,400 |
| Fixed expenses |
| 60,040 |
| Net operating income | $ | 8,360 |
The break-even point in dollar sales is closest to:
| a. | $158,000 | |
| b. | $180,000 | |
| c. | $162,000 | |
| d. | $151,000 |
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Principles Of External Auditing
Authors: Brenda Porter, Jon Simon, David Hatherly
1st Edition
0471962120, 978-0471962120
