Margin of Safety a. If Canace Company, with a break-even point at $477,400 of sales, has actual sales of $620,000, 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. 142,600 2. 23 % b. If the margin of safety for Canace Company was 25%, fixed costs were $1,327,500, and variable costs were 75% of sales, what was the amount of actual sales (dollars)? (Hint: Determine the break-even in sales dollars first.) 442500 x