Using CVP analysis} A company has sales of ($ 1,000,000), variable costs of ($ 600,000), and fixed
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Using CVP analysis}
A company has sales of \(\$ 1,000,000\), variable costs of \(\$ 600,000\), and fixed costs of \(\$ 250,000\). Compute the following:
2. Break-even sales volume.
3. Margin of safety ratio.
4. Net income as a percentage of sales.
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