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Ses Breakeven Point in Sales Dollars - Income Statement Approach Let's go back to the retail store (on the top of page 13) Sales $500,000

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Ses Breakeven Point in Sales Dollars - Income Statement Approach Let's go back to the retail store (on the top of page 13) Sales $500,000 100 Variable Expenses ($300,000) (60%) Contribution Margin $200.000 40% Less Fed Expenses (150,000) Operating Income 50,000 Practice: 1. The store sales are $200,000, and fixed costs are $40,000. Calculate the breakeven point in sales dollars. (Hint: You will need the VC Rabo to first determine how much are the variable costs) Answer - make sure you show all your work. Prove your answer below: Proof: Sales Variable Expenses Contribution Mag Fred Expos Operating Income SO

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