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The following is last month's contribution format income statement: Sales (30,000 units) $1,800,000 Variable expenses 1,350,000 Contribution margin 450,000 Fixed expenses 260,000 Net operating income
The following is last month's contribution format income statement: |
Sales (30,000 units) | $1,800,000 |
Variable expenses | 1,350,000 |
Contribution margin | 450,000 |
Fixed expenses | 260,000 |
Net operating income | $ 190,000 |
What is the company's break-even in sales dollars? |
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