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Presto Company makes radios that sell for $26each. For the coming year, management expects fixed costs to total $228,000and variable costs to be $16.64per unit.
Presto Company makes radios that sell for $26each. For the coming year, management expects fixed costs to total $228,000and variable costs to be $16.64per unit.
Compute the break-even point in dollars using the contribution margin (CM) ratio.(Round answer to 0 decimal places, e.g. 1,225.)
Break-even point$
Compute the margin of safety ratio assuming actual sales are $811,000.(Round margin of safety ratio to 2 decimal places, e.g. 10.50.)
Margin of safety
%
Compute the sales dollars required to earn net income of $69,648.
Required sales$
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