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Akron Corporation had a margin of safety of $402,500 last month, with sales revenue of $1,610,000 and foxed costs of $241,500. Required: a. What are
Akron Corporation had a margin of safety of $402,500 last month, with sales revenue of $1,610,000 and foxed costs of $241,500. Required: a. What are break-even sales? b. What is the contribution margin ratio? c. How much profit did Akron earn last month? d. How much would sales have to be for Akron to earn a profit of $402,500 ? Complete this question by entering your answers in the tabs below. What are break-even sales
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