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The following information applies to question 16. Sales (25,000 units) $125,000 Variable Costs 84,000 Contribution Margin 41,000 Fixed Manufacturing Costs 20,000 Operating Income 21,000 Interest
The following information applies to question 16.
Sales (25,000 units) $125,000
Variable Costs 84,000
Contribution Margin 41,000
Fixed Manufacturing Costs 20,000
Operating Income 21,000
Interest 15,000
Earnings Before Taxes 6,000
Taxes (at 31%) 1,800
Net Income 4,200
16. What is the firm's break-even point?
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