a. If Kirwan Company, with a break-even point at $2,080,000 of sales, has actual sales of $3,200,000,
Question:
a. If Kirwan Company, with a break-even point at $2,080,000 of sales, has actual sales of $3,200,000, what is the margin of safety expressed
1. fill in the blank 1 of 2$
2. fill in the blank 2 of 2%
b. If the margin of safety for Kirwan Company was 25%, fixed costs were $1,500,000, and variable costs were 60% of sales, what was the amount of actual sales (dollars)?
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a 1 Margin of Safety dollars Sales Sales at BreakEven Point 3200000 2080000 1120000 2 ...View the full answer
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Related Book For 
Financial And Managerial Accounting
ISBN: 9780357714041
16th Edition
Authors: Carl S. Warren, Jefferson P. Jones, William Tayler
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