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a. If Canace Company, with a break-even point at $296,400 of sales, has actual sales of $380,000, what is the margin of safesy expressed (1)

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a. If Canace Company, with a break-even point at $296,400 of sales, has actual sales of $380,000, what is the margin of safesy expressed (1) in dollars and (2) as a percentage of sales? Round the percentage to the nearest whole number, 1+4 2. b. If the margin of safety for Canace Company was 45%, fixced costs were $2,163,100, and variable costs were 55% of sales, what was the ameant of actual sales (dollars)? (Hint: Determine the break-even in sales dollars first.)

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