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can Any one please answer this ? Problem: 2 Happy Feet hiking socks have variable cost of $6 per pair who per pair. Monthly fixed
can Any one please answer this ?
Problem: 2 Happy Feet hiking socks have variable cost of $6 per pair who per pair. Monthly fixed costs are $18,000; current sales are 12 Required: 1. Compute the break even sales in units. 2. Compute ABC's margin of safety in units and sales dollars. 3. Compute ABC's margin of safety as a percentage. 4. Compute ABC's operating leverage factor. 5. Compute ABC's % of operating income decline if sales fa Problem: 2 Happy Feet hiking socks have variable cost of $6 per pair who per pair. Monthly fixed costs are $18,000; current sales are 12 Required: 1. Compute the break even sales in units. 2. Compute ABC's margin of safety in units and sales dollars. 3. Compute ABC's margin of safety as a percentage. 4. Compute ABC's operating leverage factor. 5. Compute ABC's % of operating income decline if sales faStep by Step Solution
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