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Question 10 of 20 2.5/5 Ivanhoe, Inc. makes computer bags that sell for $20 each. For the coming year, management expects fixed costs to be
Question 10 of 20 2.5/5 Ivanhoe, Inc. makes computer bags that sell for $20 each. For the coming year, management expects fixed costs to be $228,990. Variable costs are $14 per unit. (a) Compute break-even sales in dollars using the mathematical equation. Break-even sales \$ eTextbook and Media Attempts: 1 of 3 used (b) Compute break-even sales using the contribution margin ratio. Break-even sales \$ eTextbook and Media Attempts: 1 of 3 used (c) Compute margin of safety ratio assuming actual sales are $941,500. (Round answer to 0 decimal places, e.g. 20\%) Margin of Safety Ratio %
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