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Question 1 Presto Company makes radios that sell for $25 each. For the coming year, management expects fixed costs to total $190,200 and variable costs
Question 1 Presto Company makes radios that sell for $25 each. For the coming year, management expects fixed costs to total $190,200 and variable costs to be $17.50 per unit. [x] Your answer is incorrect. Try again. Compute the break-even point in dollars using the contribution margin (CM) ratio. (Round answer to O decimal places, e.g. 1,225.) Break-even point 25,360 [ Your answer is incorrect. Try again. Compute the margin of safety ratio assuming actual sales are $890,000. (Round margin of safety ratio to 2 decimal places, e.g. 10.50.) Margin of safety Your answer is incorrect. Try again. Compute the sales dollars required to earn net income of $70,800. Required sales 704,800
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