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Presto Company makes radios that sell for $28 each. For the coming year, management expects fixed costs to total $256,300 and variable costs to be
Presto Company makes radios that sell for $28 each. For the coming year, management expects fixed costs to total $256,300 and variable costs to be $10.64 per 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 LINK TO TEXT Compute the margin of safety ratio assuming actual sales are $875,000. (Round margin of safety ratio to 2 decimal places, e.g. 10.50.) Margin of safety % LINK TO TEXT Compute the sales dollars required to earn net income of $346,092 Required sales
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