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New Braunfel's Flood Insurance Agency had total sales last year of $500,000, total variable costs of $200,000, and total fixed costs of $125,000. Accordingly, New
New Braunfel's Flood Insurance Agency had total sales last year of $500,000, total variable costs of $200,000, and total fixed costs of $125,000. Accordingly, New Braunfel's net income for last year was $175,000 ($500,000 - $200,000 - $125,000). What is New Braunfel'sbreak-even point in total sales dollars?
Sales $500,000
total variable costs $200,000
total fixed costs $125,000
net income $175,000
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