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CVP; margin of safety $7.60. Ned's annual fixed cost is $211,200. a. (1) What is the break-even point in sales dollars and bushels of corn?
CVP; margin of safety $7.60. Ned's annual fixed cost is $211,200. a. (1) What is the break-even point in sales dollars and bushels of corn? \begin{tabular}{|ll|} \hline Break-even point in sales dollars \\ Break-even in bushels of corn & bushels \\ \hline \end{tabular} (2) If Ned's farm is 960 acres, how many bushels must he produce per acre to break even? Bushels per acre b. If Ned actually produces 139,200 bushels, what is the margin of safety in bushels, in dollars, and as a percentage? Note: Round the margin of safety percentage to the nearest whole percentage point. Margin of safety in bushels ushels Margin of safety in dollars $ Margin of safety as a percentage
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