Oxicon Inc. manufactures several different types of candy for various retail stores. The accountingmanager has requested that you determine the sales dollars required to break even for next quarter based on past financial data. Your research tells you that the total variable costs will be $500,000,total sales will be $750,000, and fixed costs will be $75,000. What is the breakeven point in salesdollars?

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 40P
icon
Related questions
Question

Oxicon Inc. manufactures several different types of candy for various retail stores. The accounting
manager has requested that you determine the sales dollars required to break even for next quarter based on past financial data. Your research tells you that the total variable costs will be $500,000,
total sales will be $750,000, and fixed costs will be $75,000. What is the breakeven point in sales
dollars?

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 3 images

Blurred answer
Knowledge Booster
Financial management
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,