Barnes company manufactures skateboards and is in the, Ask an Expert

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Barnes Corporation manufactures skateboards and is in the process of preparing next year's budget. The pro formula income statement for the current year is presented below:

Sales $1,500,000
Cost of sales:
Direct materials 250,000
Direct labor 150,000
Direct labor 75,000
Variable overhead 100,000 575,000
Gross profit
Selling and G&A
Variable 200,000
Fixed 250,000 450,000
Operating income 475,000

What is the breakeven point for the Barnes Corporation for the current year?

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Category:- Basic Finance
Reference No.:- M9273408

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