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EXERCISES: Set A (continued) 28. Break-Even Point and Target Profit Mensured in Sales Dollars (Single Product) a. The contribution margin ratio is calculated as b.
EXERCISES: Set A (continued) 28. Break-Even Point and Target Profit Mensured in Sales Dollars (Single Product) a. The contribution margin ratio is calculated as b. The break-even point in sales dollars is calculated as: c. The target profit point in sales dollars is calculated as: 29. Margin of Safety (Single Product) a. The margin of safety in units: b. The margin of safety in sales dollars: Questio de Inc. How many units must be sold to earn a monthly profit of $80,000? 28. Break-Even Point and Target Profit Measured in Sales Dollars (Single Product). Mammoth Company has monthly fixed costs totaling $200,0XX) and variable costs of $40 per unit. Each unit of product is sold for $50 (these data are the same as the previous exercise Required: 2. Calculate the contribution margin ratio b. Find the break-even point in sales dollars. What amount of sales dollars is required to earn a monthly profit of $120,000? 29. Margin of Safety (Single Product). Mammoth Company has monthly fixed costs totaling $200,000 and variable costs of $40 per unit. Each unit of product is sold for $50 (these data are the same as the previous exercise). Assume Mammoth Company expects to sell 24000 units of product this coming month Required: a. Find the margin of safety in units b. Find the margin of safety in sales dois
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