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Embleton Company estimates that variable costs will be 80% of sales, and fixed costs will total $404,000. The selling price of the product is $5.
Embleton Company estimates that variable costs will be 80% of sales, and fixed costs will total $404,000. The selling price of the product is $5.
1. calculate the break-even point in units and dollars.
2. Assuming actual sales are $2,525,000, calculate the margin of safety in dollars and as a ratio.
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