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A company with a break-even point at Php900,000 in sales revenue and had fixed costs of Php225,000. When actual sales were Php1,000,000 variable costs were
A company with a break-even point at Php900,000 in sales revenue and had fixed costs of Php225,000. When actual sales were Php1,000,000 variable costs were Php750,000. Determine (a) the margin of safety expressed in dollars, (b) the margin of safety expressed as a percentage of sales, (c) the contribution margin ratio, and (d) the operating income.
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Top Accounting And Auditing Issues For 2023
Authors: CCH Tax Law Editors
1st Edition
0808059335, 978-0808059332
