ontribution Margin Concepts The following information is taken from the 2013 records of Cherokee Jewelry shop. Fixed Variable Total Sales $750,000 Costs Goods Sold $337,500 Labor $160,000 60,000 Supplies 2,000 5,000 Utilities 12,000 13,000 Rent 24,000} ----- Advertising 6,000 24,5000 Miscellaneous 6,000 10,000 Total costs $210,000 $450,000 -660,000 Net Income $90,000 (a) Determine the annual break-even dollar sales volume. Annual Break-even dollar sales volume: $Answer 0 (b) Determine the annual margin of safety in sales dollars. Annual margin of safety in dollars $Answer 0 (c) What is the annual break-even dollar sales volume if management makes a decision that increases fixes costs by $35,000? Revised annual break-even dollar sales: