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Glacial Company estimates that variable costs will be 58.9% of sales, and fixed costs will total $692,000. The selling price of the product is $3.30.
Glacial Company estimates that variable costs will be 58.9% of sales, and fixed costs will total $692,000. The selling price of the product is $3.30.
Exercise 18-16 Glacial Company estimates that variable costs will be 58.9% of sales, and fixed costs will total $692,000. The selling price of the product is $3.30. Compute the break-even point in (1) units and (2) dollars. (Round answers to o decimal places, e.g. 5,275.) (1) Break-even sales units (2) Break-even sales Assuming actual sales are $1,950,000, compute the margin of safety in (1) dollars and (2) as a ratio. (Round ratio to o decimal places, e.g. 20.) (1) Margin of safety (2) Margin of safety ratio % Click if you would like to Show Work for this question: Open Show WorkStep by Step Solution
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