jarmer ned wants to cash in on the increased demand for ethanol. accordingly, he purchased a cor farm in iowa. ned believes his corn crop can be old to an ethanol plant for 9.60 per bushel. variable cost associated with growing and selling a bushel of corn is 7.60. ned's annual fixed cost is 264,000.

what is the break-evvven point in sales dollars and bushels of corn? if ned's farm is 1200 acres, how many bushels must he produce per acre to break even?

if ned actually produces 174000 bushels, what is the margin of safety in bushels, in dollars, and as a percentage?