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Embleton Company estimates that variable costs will be 55% of sales, and fixed costs will total $837,000. The selling price of the product is $4.
Embleton Company estimates that variable costs will be 55% of sales, and fixed costs will total $837,000. The selling price of the product is $4.
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Your answer is partially correct.
Calculate the break-even point in units and dollars.
Break-even point | units | ||
Break-even point | $ |
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Your answer is incorrect.
Assuming actual sales are $2,480,000, calculate the margin of safety in dollars and as a ratio.
Margin of safety | $ | ||
Margin of safety ratio | % |
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