Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I have a and b, i just need help finding c, the margin of safety for March. Juniper had revenues of $469,000 in March. Fixed

I have a and b, i just need help finding c, the margin of safety for March.

image text in transcribed

Juniper had revenues of $469,000 in March. Fixed costs in March were $244, 610 and profit was $41, 480. What was the contribution margin percentage? What monthly sales volume (in dollars) would be needed to break-even? What was the margin of safety for March

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Company Audit In A Budget Internal Audit For Financial Managers

Authors: Pramod Kesav N

1st Edition

B09QXF42M2

More Books

Students also viewed these Accounting questions

Question

b. What groups were most represented? Why do you think this is so?

Answered: 1 week ago