Question
Question 1 Presto Company makes radios that sell for $26 each. For the coming year, management expects fixed costs to total $309,100 and variable costs
Question 1 Presto Company makes radios that sell for $26 each. For the coming year, management expects fixed costs to total $309,100 and variable costs to be $9.10 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 $850,000. (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 $243,530. Required sales $
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