Fall-For-Fun Company sells three products. Last year's sales were $600,000 for parachutes, $800,000 for hang gliders, and

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Fall-For-Fun Company sells three products. Last year's sales were $600,000 for parachutes, $800,000 for hang gliders, and $200,000 for bungee jumping harnesses. Variable costs were:

parachutes, $4001100; hang gliders. $700,000; and bungee jumping harnesses, $100,000.

Fixed costs were $240,000. Find

(a) the break-even point in sales dollars and

(b) the margin of safety.  kj4

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Accounting A Business Perspective

ISBN: 9780075615859

7th Edition

Authors: Roger H. Hermanson, James Don Edwards, Michael W. Maher

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