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Croftsman Company recorded the following information for its main product: $300 Selling price per unit Costs per unit (30,000 units produced and sold): Direct material
Croftsman Company recorded the following information for its main product: $300 Selling price per unit Costs per unit (30,000 units produced and sold): Direct material Direct labour Variable overhead Fixed overhead Sales Commission 40 25 25 50 7.5% of sales Required: 1. Compute the contribution margin ratio and break-even sales Contribution margin ratio Breakeven sales 2. What is the margin of safety in dollars and units, and the degree of operating leverage? (Round "Degree of operating leverage" to 2 decimal places and the rest to the nearest whole number.) Dollars Units Margin of safety Degree of operating leverage
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