a.If Canace Company, with a break-even point at

$407,100 of sales, has actual sales of $690,000, what is the margin of safety expressed (1) in dollars and (2) as

a percentage of sales

b. If the margin of safety for Canace Company was

40%, fixed costs were $1,689,600, and variable costs

were 60% of sales, what was the amount of actual sales

(dollars)?

a. If Canace Company, with a break-even point at $407,100 of sales, has actual sales of $690,000, what is the margin of safety expressed (1) in dollars and (2) as a percentage of sales? Round the percentage to the nearest whole number. 1. \$ 2. \% b. If the margin of safety for Canace Company was 40%, fixed costs were $1,689,600, and variable costs were 60% of sales, what was the amount of actual sales (dollars)? (Hint: Determine the break-even in sales dollars first.) $