Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Mabo company makes calculators that sell for 20$ each. For the coming year managment expects fixed cost to total 220,000$ and variable cost to be
Mabo company makes calculators that sell for 20$ each. For the coming year managment expects fixed cost to total 220,000$ and variable cost to be 9$ per unit.
a) compute the break even point in units
b)compute the break even point in dollars
c) compute the margin of safety percentege assuming actual sales are 500,000%
d) Compute the sales required in dollars to earn net income of 165,000$
please show all work
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started