Ploeger Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Sh7

Ploeger Corporation has provided the
following contribution format income
statement. Assume that the following
information is within the relevant
range.
Sales (4,000 units) $ 240,000
Variable expenses
156,000
Contribution margin 84,000
Fixed expenses 81,900
Net operating income $2,100
The break-even point in dollar sales is
closest to:
Multiple Choice
A. $234,000
B. $237,900
C. $156,000
D. $0
Transcribed Image Text:Ploeger Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (4,000 units) $ 240,000 Variable expenses 156,000 Contribution margin 84,000 Fixed expenses 81,900 Net operating income $2,100 The break-even point in dollar sales is closest to: Multiple Choice A. $234,000 B. $237,900 C. $156,000 D. $0
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