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What is zeffer budgeted breakeven point for upcoming year

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Reference no: EM133005175

Question - Zeffer Corporation is a producer of ice cream that it wholesales to grocery stores by the carton. Zeffer is preparing next year's budget. The pro forma income statement for the current year is presented below.

Sales $1,100,000

Cost of sales:

Direct materials $100,000

Direct labor50,000

Variable overhead 140,000

Fixed overhead 100,000(390,000

Gross profit $710,000

Selling and G&A Variable $150,000

Fixed 150,000 (300,000)

Operating income $410,000

Required - What is Zeffer's budgeted breakeven point for the upcoming year?

Reference no: EM133005175

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