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OBJ.5 Ex 21-23 Margin of safety a. If Canace Company, with a break-even point at $960,000 of sales, has , a. (2) 2096 $1,200,000, what
OBJ.5 Ex 21-23 Margin of safety a. If Canace Company, with a break-even point at $960,000 of sales, has , a. (2) 2096 $1,200,000, what is the margin of safety expressed (1) in dollars and (2) as a pe of sales? Show Me f the margin of safety for Canace Company was 20%, fixed costs were $1,875,000, and variable costs were 80% of sales, what was the amount of actual sales (dollars)? CHint: Determine the break-even in sales dollars first.) b
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