The break-even point in sales dollars for Rice Company is $360,000 and the company's contribution margin ratio is 30%.If Rice Company desires an income of $84,000,sales would have to total?

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To find the required sales to achieve a desired income, use the formula: Required Sales = (Fixed Costs + Desired Income) / Contribution Margin Ratio. The break-even sales of $360,000 implies fixed costs of $360,000 * 0.30 = $108,000. Therefore, Required Sales = ($108,000 + $84,000) / 0.30 = $640,000.

The Break-Even Point in Sales Dollars for Rice Company Is