Shelton Company Below is an income statement for Shelton Company:
$\begin{array}{ll}
\text { Sales } & \$ 600,000 \
\text { Variable costs } & \underline{(150,000)} \
\text { Contribution margin } & \$ 450,000 \
\text { Fixed costs } & \underline{(300,000)} \
\text { Profit before taxes } & \underline{\$ 150,000}
\end{array}$ Refer to Shelton Company.Based on the cost and revenue structure on the income statement,what was Shelton's break-even point in dollars?
A)$300,000
B)$400,000
C)$425,000
D)$450,000

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The Answer of Shelton Company Below is an income statement for Shelton Company:
$\begin{array}{ll}
\text { Sales } & \$ 600,000 \
\text { Variable costs } & \underline{(150,000)} \
\text { Contribution margin } & \$ 450,000 \
\text { Fixed costs } & \underline{(300,000)} \
\text { Profit before taxes } & \underline{\$ 150,000}
\end{array}$ Refer to Shelton Company.Based on the cost and revenue structure on the income statement,what was Shelton's break-even point in dollars?
A)$300,000
B)$400,000
C)$425,000
D)$450,000

Shelton Company Below Is an Income Statement for Shelton Company