Calculate the break-even sales revenue for sandoval

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Reference no: EM13940197

CONTRIBUTION MARGIN RATIO, VARIABLE COST RATIO, BREAK-EVEN SALES REVENUE

The controller of Sandoval Company prepared the following projected income statement:

Sales	$90,000
Less: Variable costs	72,000
Contribution margin	$18,000
Less: Fixed costs	6,900
Operating income	$11,100

Required:

1. Calculate the contribution margin ratio.

2. Calculate the variable cost ratio.

3. Calculate the break-even sales revenue for Sandoval.

Reference no: EM13940197

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