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please answer quick! Calendars imprints calendars with college names. The company has fixed expenses of $1,095,000 each month plus variable expenses of $6.50 per carton
please answer quick!
Calendars imprints calendars with college names. The company has fixed expenses of $1,095,000 each month plus variable expenses of $6.50 per carton of calendars. Of the variable expense, 70% is cost of goods sold, while the remaining 30% relates to variable operating expenses. The company sells each carton of calendars for $16.50.
Requirement 4. What is June's margin of safety (in dollars)? What is the operating leverage factor at this level of sales?
Begin by determining the formula.
Sales revenue-Sales revenue at breakeven=Margin of safety (in dollars)The margin of safety isStep by Step Solution
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