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E Homework: Ch 3 Homework Question 6, P3-40 (similar to) HW Score: 0.68%, 0.19 of 28 points Part 1 of 6 O Points: 0 of
E Homework: Ch 3 Homework Question 6, P3-40 (similar to) HW Score: 0.68%, 0.19 of 28 points Part 1 of 6 O Points: 0 of 6 Save Personas prepares marketing plans for growing businesses. For 2020, budgeted revenues are $2,250,000 based on 900 marketing plans at an average rate per plan of $2,500. The company would like to achieve a margin of safety percentage of at least 35%. The company's current fixed costs are $315,000 and variable costs average $2,000 per marketing plan. Read the requirements. Requirement 1. Calculate Personas' breakeven point and margin of safety in units. First, determine the formula used to calculate the breakeven point in units, then calculate the number of marketing plans that must be sold to break even. = Breakeven number of units - X Requirements (Consider each of the following separately.) 1. Calculate Personas' breakeven point and margin of safety in units. 2. Which of the following changes would help Personas achieve its desired margin of safety? a. The average revenue per customer increases to $3,000. b. The planned number of marketing plans prepared increases by 10%. c. Personas purchases new software that results in a $49,000 increase to fixed costs but reduces variable costs by $440 per marketing plan. Print Done Help me solve this Etext pages Get more help - Clear all Check
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