Q1 (5 points) Company ABC has annual sales of $800,000 and operating income of $260,000 The following table shows each unit cost and selling price Direct materials $2 Direct labor 3 Variable MOH 4 Fixed MOH 5 Variable SG A 6 Fixed SG A 7 Selling price 40 What amount of sales in dollar must the company achieve to break even

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Q1 (5 points): Company ABC has annual sales of $800,000 and operating income of $260,000. The following table shows each unit cost and selling price:

Q1 (5 points):

Company ABC has annual sales of $800,000 and operating income of $260,000. The following table shows each unit cost and selling price:

Direct materials	$2
Direct labor	3
Variable MOH	4
Fixed MOH	5
Variable SG&A	6
Fixed SG&A	7
Selling price	40

What amount of sales in dollar must the company achieve to break even?

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