a. If Fama Company, with a break-even point at $360,000 of sales, has actual sales of $480,000,
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b. If the margin of safety for Watkins Company was 25%, fixed costs were $1,200,000, and variable costs were 75% of sales, what was the amount of actual sales (dollars)?
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a b Margin of Safety in dollars Sales Sales at Breakeven point Margin of Safety in do...View the full answer
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Related Book For
Accounting
ISBN: 978-0324662962
23rd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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