Putnam Company
Below Is an Income Statement for Putnam Company $\underline{\$150,000}$

Multiple Choice

Putnam Company
Below is an income statement for Putnam Company:
Sales                                                       $ 600,000
Variable costs                                          $\underline{\$150,000}$
Contribution margin                               $\$ 450,000$
Fixed costs                                              $\underline{(300,000) }$
Profit before taxes                                    $\underline{\$150,000}$



Refer to Putnam Company.Based on the cost and revenue structure on the income statement,what was Putnam's break-even point in dollars?

A) $300,000
B) $400,000
C) $425,000
D) $450,000