Solution-Find the break-even point for Gardner Corporation

Find the break-even point for Gardner Corporation

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Reference no: EM132864062

Problem - Gardner Corporation manufactures skateboards and is in the process of preparing next year's budget. The pro forma income statement for the current year is presented below.

Sales $1,500,000

Cost of sales:

Direct Material $250,000

Direct labor 150,000

Variable Overhead 75,000

Fixed Overhead 100,000 575,000

Gross Profit $925,000

Selling and G&A

Variable 200,000

Fixed 250,000 450000

Operating Income 475000

Required - Find the break-even point (rounded to the nearest dollar) for Gardner Corporation for the current year?

Reference no: EM132864062

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Find the break-even point for Gardner Corporation

Reference no: EM132864062

Reference no: EM132864062

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