FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Sandhill Electrical Products serves both residential and commercial clients. Annual financial information for Sandhill is as follows:
Commercial
Residential
Total
Sales Revenues
$808,000
$508,000 $1,316,000
Variable Costs
202,000
127,000
329,000
Contribution Margin
$606,000
$381,000
987,000
Fixed Costs
292,500
Operating Profit
$694,500
Calculate the break-even point in sales revenue dollars for Sandhill Electrical Products.
Break-even point in sales revenue
$
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Transcribed Image Text:Sandhill Electrical Products serves both residential and commercial clients. Annual financial information for Sandhill is as follows: Commercial Residential Total Sales Revenues $808,000 $508,000 $1,316,000 Variable Costs 202,000 127,000 329,000 Contribution Margin $606,000 $381,000 987,000 Fixed Costs 292,500 Operating Profit $694,500 Calculate the break-even point in sales revenue dollars for Sandhill Electrical Products. Break-even point in sales revenue $
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