Answered step by step
Verified Expert Solution
Question
1 Approved Answer
part C *Exercise 22-16 a,c (Part Level Submission) Carla Vista Company estimates that variable costs will be 60.00% of sales, and fixed costs will total
part C *Exercise 22-16 a,c (Part Level Submission) Carla Vista Company estimates that variable costs will be 60.00% of sales, and fixed costs will total $560,000. The selling price of the product is $8. *(a) Your answer is correct. Compute the break-even point in (1) units and (2) dollars. (1) Break-even sales 175000 units (2) Break-even sales $t1,400,000 Attempts: 3 of 3 used *(c) Assuming actual sales are $2,000,000, compute the margin of safety in (1) dollars and (2) as a ratio. (1) Margin of safety (2) Margin of safety ratio Attempts: 0 of 3 used
part C
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