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Grouper Company makes radios that sell for $60 each. For the coming year, management expects fixed costs to total $220,000 and variable costs to be
Grouper Company makes radios that sell for $60 each. For the coming year, management expects fixed costs to total $220,000 and variable costs to be $27 per unit. X Your answer is incorrect. Compute the break-even point in dollars using the contribution margin (CM) ratio. (Round answer to 0 decimal places, e.g. 1,225.) Break-even point $ e Textbook and Media X Your answer is incorrect. Compute the margin of safety ratio assuming actual sales are $800,000. (Round margin of safety ratio to 2 decimal places, e.g. 10.51.) Margin of safety e Textbook and Media X Your answer is incorrect. Compute the sales dollars required to earn net income of $836,000. Required sales $
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