Information for Select Team Inc. is as follows:
Sales $700,000
Variable costs $100,000
Fixed costs $200,000
A. Calculate the break-even point in sales dollars.
B. Calculate the sales (in dollars) that are needed to generate an operating income of $100,000.

Question

Quizplus · Accepted Answer

The Answer of Information for Select Team Inc. is as follows:
Sales $700,000
Variable costs $100,000
Fixed costs $200,000
A. Calculate the break-even point in sales dollars.
B. Calculate the sales (in dollars) that are needed to generate an operating income of $100,000.

Information for Select Team Inc. Is as Follows