Question
At a monthly sales volume of $25,000, a company incurs variable costs of $19,000 and fixed costs of $6,000. Required: Determine each of the following
At a monthly sales volume of $25,000, a company incurs variable costs of $19,000 and fixed costs of $6,000.
Required:
Determine each of the following values:
If an answer is zero, enter "0".
A. Variable cost ratio (round to two decimal places)
B. Contribution margin ratio (round to two decimal places)
C. Monthly break-even dollar sales volume $
D. Monthly margin of safety in dollars $
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Advanced Management Accounting
Authors: Robert S. Kaplan, Anthony A. Atkinson, Kaplan And Atkinson
3rd Edition
0132622882, 978-0132622882
