Question
Cullumber Company estimates that variable costs will be 56.00% of sales, and fixed costs will total $677,600. The selling price of the product is $5.
Cullumber Company estimates that variable costs will be 56.00% of sales, and fixed costs will total $677,600. The selling price of the product is $5.
(a) Correct answer icon Your answer is correct. Compute the break-even point in (1) units and (2) dollars. (1) Break-even sales 308000 units (2) Break-even sales $ 1540000 eTextbook and Media Attempts: 1 of 3 used
(c) Assuming actual sales are $2,000,000, compute the margin of safety in (1) dollars and (2) as a ratio.
(1) Margin of safety $
(2) Margin of safety ratio %
please help me with question c!
Thank you
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