Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Net income? Carla Vista Co estimates that variable costs will be 70% of sales and fixed costs will total $ 2843,100. The selling price of
Net income? Carla Vista Co estimates that variable costs will be 70% of sales and fixed costs will total $ 2843,100. The selling price of the product is $13.00 and 770,000 units will be sold. Using the mathematical equation, (a) Your answer is correct Compute the break-even sales units and sales dollars. Break-even sales units 729000 units Break-even sales dollars $ 9477000 eTextbook and Media Attempts: 2 of 3 used (b) Compute the margin of safety in dollars and as a ratio (Round margin of safety ratio to 1 decimal plaen, es. 52.7.) Margin of safety in dollars $ Margin of safety ratio Your answer is correct. Compute the margin of safety in dollars and as a ratio. (Round margin of safety ratio to 1 decimal place, e.g. 52.7.) $ 533000 Margin of safety in dollars 5.3 % Margin of safety ratio e Textbook and Media Attempts 2) Compute net income. Net income $
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered 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