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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Related Book For
Accounting A Business Perspective
ISBN: 9780075615859
7th Edition
Authors: Roger H. Hermanson, James Don Edwards, Michael W. Maher
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