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b. Calculate the margin of safety and the margin of safety ratio. Assume current sales are $104,550. (Do not round intermediate calculations. Round your percentage
b. Calculate the margin of safety and the margin of safety ratio. Assume current sales are $104,550. (Do not round intermediate calculations. Round your percentage answer to 2 decimal places.) c. Calculate the monthly operating income (or loss) at a sales volume of 5,150 units per month. (Do not round intermediate calculations.)
! Required information [The following information applies to the questions displayed below.] Monterey Co. makes and sells a single product. The current selling price is $17 per unit. Variable expenses are $10.2 per unit, and fixed expenses total $35,020 per month. (Unless otherwise stated, consider each requirement separately.) Required: a. Calculate the breakeven point expressed in terms of total sales dollars and sales volume. (Do not round intermediate calculations.) Breakeven sales Breakeven volume unitsStep by Step Solution
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