income statement total per unit Units 44,000 1 Sales $220,000 $5.00 Cost of Sales(variable expenses) 88,000 2.00 Gross Margin 132,000 3.00 Operating Costs(fixed expneses) 125,500 2.85 Net Profit 6,500 15 Calculate break-even based on Total Sales. Using the information from the income statement provided, calculate total sales dollars needed to break-even. Gross Margin/ Sales = Gross Margin % Fixed Expenses/ Gross Margin % = Break-Even in total sales dollars
income statement
total per unit
Units 44,000 1
Sales $220,000 $5.00
Cost of Sales(variable expenses) 88,000 2.00
Gross Margin 132,000 3.00
Operating Costs(fixed expneses) 125,500 2.85
Net Profit 6,500 15
Calculate break-even based on Total Sales. Using the information from the income statement provided, calculate total sales dollars needed to break-even.
Gross Margin/ Sales = Gross Margin %
Fixed Expenses/ Gross Margin % = Break-Even in total sales dollars
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