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Using the data in the contribution margin income statement for Sedona, Inc., below, calculate (3) breakeven point in sales dollars. $ 16,000,000 Sedona, Inc. Contribution
Using the data in the contribution margin income statement for Sedona, Inc., below, calculate (3) breakeven point in sales dollars. $ 16,000,000 Sedona, Inc. Contribution Margin Income Statement For the Year Ended December 31 Sales (10,000 units) Less variable costs Cost of goods sold $8,000,000 Selling, administrative, and general 4,000,000 Total variable costs Contribution margin Less fixed costs Overhead $1,200,000 Selling, administrative, and general 800,000 Total forced costs Operating income 12,000,000 $ 4,000,000 2,000,000 $ 2,000,000
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