Wallace, Inc., prepared the following budgeted data based on a sales forecast of $6,000,000: Variable...

80.2K

Verified Solution

Question

Accounting

Wallace, Inc., prepared the following budgeted data based on a sales forecast of $6,000,000:

Variable

Fixed

$2.600,000

Direct materials

1.000.000

Direct labour

400.000

Factory overhead

200.000

Selling expenses

50,000

Administrative expenses

$4.250,000

$1,000,000

300.000

180,000

$1.480,000

Total

What would be the amount of sales dollars at the break-even point? (Do not round intermediate calculations and round your final answer to nearest whole dollar).

A. $2.250,286

B. $3,500,000

C. $5,074,286

D. $5,300,000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students