The Income Statement for Brisbane Co Is What Is the Break-Even Point in Sales Dollars?
A) $20

question 44

Multiple Choice

The income statement for Brisbane Co is:
$$\begin{array} { l r } \text { Sales } & \$ 300000 \\\text { Variable Expense } & 200000 \\\text { Contribution Margin } & \$ 100000 \\\text { Fixed Expenses } & 60000 \\\text { Profit } & \$ 40000\end{array}$$ What is the break-even point in sales dollars?

• A) $20 000
• B) $60 000
• C) $90 000
• D) $180 000

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Definitions:

Budget Period

A specific time frame for which financial planning, expenditure, and allocations are made and tracked.

Monthly

Pertains to something occurring every month or related to a particular month.

Obtainable Goal

A target or objective that is realistically achievable within a given timeframe or with available resources.

Organizational Structure

The system that outlines how certain activities are directed to achieve the goals of an organization, including rules, roles, and responsibilities.