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Blossom Company makes radios that sell for $40 each. For the coming year, management expects fixed costs to total $211,350 and variable costs to be

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Blossom Company makes radios that sell for $40 each. For the coming year, management expects fixed costs to total $211,350 and variable costs to be $24 per unit. (a) Your answer is correct. Compute the break-even point in dollars using the contribution margin (CM) ratio, Break-even point $ 528375 Compute the margin of safety ratio assuming actual sales are $750,000. (Round margin of safety ratio to 2 decimal places, eg. 10.50.) Margin of safety %

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