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Margin of Safety a. f Canace Company, with a break-even point at $377,300 of sales, has actual sales of $490,000, what is the margin of

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Margin of Safety a. f Canace Company, with a break-even point at $377,300 of sales, has actual sales of $490,000, what is the margin of safety expressed (1 in dollars and (2) as a percentage of sales? Round the percentage to the nearest whole number 1. 2. b. If the margin of safety for Canace Company was 40%, faced costs were $2,104,800, and variable costs were 60% of sales, what was the amount of actual sales (dollars)? (Hint: Determine the break-even in sales dollars first.)

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