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Grab Ems prepares marketing plans for growing businesses. For 2017 budgeted revenues are $3,500,000 based on 700 marketing plans at an average rate per plan

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Grab Ems prepares marketing plans for growing businesses. For 2017 budgeted revenues are $3,500,000 based on 700 marketing plans at an average rate per plan of 55,000. The company would like to achieve a margin of safety percentage of at least 40%. The company's current fixed costs are $1,134,000 and variable costs average $3,200 per marketing plan Read the requirements Requirement 1. Calculate Grab Ems' breakeven point and margin of safety in units First, determine the formula used to calculate the breakeven point in units, then calculate the number of marketing plans that must be sold to break even Breakeven number of units Requirements (Consider each of the following separately.) 1. Calculate Grab Ems' breakeven point and margin of safety in units 2. Which of the following changes would help Grab Ems achieve its desired margin of safety? a. The average revenue per customer increases to $6,200. b. The planned number of marketing plans prepared increases by 4% c. Grab Ems purchases new software that results in a 6% increase to fixed costs but reduces variable costs by 12% per marketing plan Print Done

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