e following information is available from the accounting records of Florida Laser Tech.. Sales at 80% of Capacity Fixed costs Variable costs Total costs Net Income $20,400 $22,350 $87,050 $42,750 $44,300 a) Compute the break-even point in sales dollars (round off two the nearest cent) $ b) Compute the break-even point as a percent of capacity. (round off two decimal places) 1%
e following information is available from the accounting records of Florida Laser Tech.. Sales at 80% of Capacity Fixed costs Variable costs Total costs Net Income $20,400 $22,350 $87,050 $42,750 $44,300 a) Compute the break-even point in sales dollars (round off two the nearest cent) $ b) Compute the break-even point as a percent of capacity. (round off two decimal places) 1%
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![The following information is available from the accounting records of Florida Laser Tech..
Sales at 80% of Capacity
Fixed costs
Variable costs
Total costs
Net Income
$20,400
$22,350
$87,050
$42,750
$44,300
a) Compute the break-even point in sales dollars (round off two the nearest cent) $
b) Compute the break-even point as a percent of capacity. (round off two decimal places)
%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F95ef6634-c847-4d1f-a596-178088be01e6%2F44395b43-209b-411e-91fe-89a4b0e388a4%2Fpq0vd2a_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The following information is available from the accounting records of Florida Laser Tech..
Sales at 80% of Capacity
Fixed costs
Variable costs
Total costs
Net Income
$20,400
$22,350
$87,050
$42,750
$44,300
a) Compute the break-even point in sales dollars (round off two the nearest cent) $
b) Compute the break-even point as a percent of capacity. (round off two decimal places)
%
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