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Margin of Safety a. If Canace Company, with a break-even point at $369,600 of sales, has actual sales of $440,000, what is the margin of
Margin of Safety a. If Canace Company, with a break-even point at $369,600 of sales, has actual sales of $440,000, 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 30%, fixed costs were $1,740,900, and variable costs were 70% of sales, what was the amount of actual sales (dollars)? (Hint: Determine the break-even in sales dollars first.) ta Break-Even Sales Currently, the unit selling price of a product is $320, the unit variable cost is $260, and the total fixed costs are $648,000. A proposal is being evaluated to increase the unit selling price to $350. a. Compute the current break-even sales (units). units b. Compute the anticipated break-even sales (units), assuming that the unit selling price is increased to the proposed $350, and all costs remain constant. units Contribution Margin Ratio a. Yountz Company budgets sales of $1,260,000, fixed costs of $87,900, and variable costs of $390,600. What is the contribution margin ratio for Yountz Company? (Enter your answer as a whole number.) % b. If the contribution margin ratio for Vera Company is 49%, sales were $596,000, and fixed costs were $207,350, what was the income from operations
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