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Zeffer Corporation is a producer of ice cream that it wholesales to grocery stores by the carton. Zeffer is preparing next year's budget. The pro

Zeffer Corporation is a producer of ice cream that it wholesales to grocery stores by the carton. Zeffer is preparing next year's budget. The pro forma income statement for the current year is presented below.

Sales$1,100,000Cost of sales:

Direct materials$100,000

Direct labor50,000

Variable overhead140,000

Fixed overhead100,000(390,000

Gross profit$710,000

selling and G&A Variable$150,000 Fixed150,000(300,000)

Operating income$410,000

What is Zeffer's budgeted breakeven point for the upcoming year?

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