Exercise 18-16 (Part Level Submission)

Glacial Company estimates that variable costs will be 55.2% of sales, and fixed costs will total $678,000. The selling price of the product is $5.00.

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(b)

[Incorrect answer.] Your answer is incorrect. Try again.

Compute the break-even point in (1) units and (2) dollars. (Round intermediate calculation to 1 decimal place, e.g. 52.8 and final answers to 0 decimal places, e.g. 5,275.)

(1) Break-even sales [Entry field with incorrect answer] units (2) Break-even sales $ [Entry field with incorrect answer]

find the margin of safety

find the margin of safety %