1. $ 2. % break-even in sales dollars first.) $

Margin of safety a. If Kirwan Company, with a break-even point at $359,500 of sales, has actual sales of $580,000, what is the margin of safety expressed (1) in dollars and (2) as a percentage of sales? 220,400 v' 38 V 0/0 b. Ifthe margin of safety for Kirwan Company was 25%, fixed costs were $1,325,525, and variable costs were 75% of sales, what was the amount of actual sales (dollars)? (Hint: Determine the break-even in sales dollars first.)