Business, 04.04.2020 02:31 blevinssam4783

Gardner Corporation manufactures skateboards and is in the process of preparing next year's budget. The pro forma income statement for the current year is presented below. Sales $ 2,270,000 Cost of sales: Direct material $ 360,000 Direct labor 260,000 Variable overhead 91,500 Fixed overhead 210,000 921,500 Gross profit $ 1,348,500 Selling and G&A Variable 200,000 Fixed 250,000 450,000 Operating Income $ 475,000 The break-even point (rounded to the nearest dollar) for Gardner Corporation for the current year is:

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Gardner Corporation manufactures skateboards and is in the process of preparing next year's budget....