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Pronghorn Company estimates that variable costs will be 53% of sales, and fixed costs will total $1,269,000. The selling price of the product is $5.
Pronghorn Company estimates that variable costs will be 53% of sales, and fixed costs will total $1,269,000. The selling price of the product is $5.
Compute the break-even point in (1) units and (2) dollars.
Assuming actual sales are $3,000,000, compute the margin of safety in (1) dollars and (2) as a ratio.
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