a. If Del Rosario Company, with a break-even point at $1,160,000 of sales, has actual sales of

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a. If Del Rosario Company, with a break-even point at $1,160,000 of sales, has actual sales of $1,450,000, what is the margin of safety expressed

(1) In dollars

(2) As a percentage of sales?

b. If the margin of safety for Del Rosario Company was 20%, fixed costs were $2,500,000, and variable costs were 80% of sales, what was the amount of actual sales (dollars)?

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Accounting

ISBN: 9781337902687

28th Edition

Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider

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Question Posted: Apr 19, 2021 12:54 AM

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a. If Del Rosario Company, with a break-even point at $1,160,000 of sales, has actual sales of

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A Answer 1 Step 1 Formula for Calculating Margin of Safety in dollars Margin of safety Actual Sales ...View the full answer

Accounting

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