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What is the break even point in dollars

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Question - Income statement of A. Corp:

Sales $6,000,000

Less: Cost of Goods sold 3,400,000

Gross margin $2,600,000

Less: Operating expenses 1,700,000

Net Income $ 900,000

Cost of goods sold consists of $2,400,000 of variable costs and $1,00,000 of fixed costs. Operating expenses consist of $900,000 of variable costs and $800,000 of fixed costs. What is the break even point in dollars?

Reference no: EM132514559

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