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Oriole, Inc. makes computer bags that sell for $35 each. For the coming year, management expects fixed costs to be $241,000. Variable costs are $21
Oriole, Inc. makes computer bags that sell for $35 each. For the coming year, management expects fixed costs to be $241,000. Variable costs are $21 per unit. (a) V Your answer is correct. Compute break-even sales in dollars using the mathematical equation. Break-even sales $ 602500(c) Your answer is correct. Compute margin of safety ratio assuming actual sales are $953,500. (Round answer to O decimal places, e.g. 20%) Margin of Safety Ratio 36 %(d) Compute the sales required to earn a net income of $166,000, using the mathematical equation. (Round answer to O decimal places, e.g. 5,275.) Required sales $
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