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Queensland Company makes radios that sell for $30 each. For the coming year, management expects fixed costs to total $350,400 and variable costs to be
Queensland Company makes radios that sell for $30 each. For the coming year, management expects fixed costs to total $350,400 and variable costs to be $15.00 per unit. Calculate the break-even point in dollars using the contribution margin ratio. Break-even point $ Calculate the margin of safety ratio assuming actual sales are $876,000. % Margin of safety ratio Calculate the sales dollars required to earn operating income of $145,000. $ Required sales
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