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Presented below are variable costing income statements for Sheridan Company and Sunland Company. They are in the same industry, with the same net incomes, but
Presented below are variable costing income statements for Sheridan Company and Sunland Company. They are in the same industry, with the same net incomes, but different cost structures. Sheridan Co. Sunland Co. Sales $184,000 $184,000 Variable costs 73,600 46,000 Contribution margin 110,400 138,000 Fixed costs 69,000 96,600 Net income $41,400 $41,400 (a1) Compute the break-even point in dollars for each company. Sheridan Co. Sunland Co. Break-even point $ $
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